Original disclosure @ EBRD website
Updated in EWS May 8, 2022
Disclosed by Bank Dec 14, 2021
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According to the Bank's website, the project provides funding to Ameriabank to finance long-term investments of Armenian micro, small and medium enterprises in upgrading their technology and equipment necessary to meet EU standards in terms of product quality, health and safety measures and environmental preservation. In addition to long-term financing, eligible sub-borrowers will receive technical assistance and grant support in the form of investment incentives upon the completion of their investment projects.
The loan will be provided under the SME Competitiveness Programme in Eastern Partnership established by the EBRD in cooperation with the EU.
Ameriabank is the largest of the 17 banks in the Armenian banking sector by total assets. It operates through 22 branches in major cities and most populated regions, employing staff of over 1100.
PROJECT CONTACT INFORMATION
ACCESS TO INFORMATION
You can request information by emailing: email@example.com or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: firstname.lastname@example.org or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html