According to the bank's webiste, the project provides funding to ArmSwissBank to financeby on-lending to private sector sub-borrowers for investments into climate change mitigation and adaptation technologies and services.
Senior unsecured loan of up to USD 4 million under the GCF GEFF Regional Framework in Armenia with 75% to be provided out of EBRD resources and 25% - by Green Climate Fund.
ArmSwissBank (ASB) is the 6th largest bank in Armenia (among 17 banks) with a market share by assets of c. 5.8% as of end-2020.
PROJECT CONTACT INFORMATION
(+374 60) 757-000
(+374 10) 52-95-91
10 Vazgen Sargsyan, Yerevan 0010, Republic of Armenia
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org 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: email@example.com 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