Unibank to collaborate with FMO to allocate USD 10 million to support female entrepreneurs

Unibank OJSC and FMO have finalised negotiations for USD 10 million facility for lending under "Women in Business" program in Armenia. The agreement signing ceremony will take place in October, 2018 in the Netherlands.

The clear trend of Armenian women becoming more active players in the economic life of their country is the reason why Unibank is offering new service tailored to the needs of women in business in Armenia. Statistical data show, that almost 22% of small and 15% of medium enterprises qualified for lending are managed by women. Unibank has been observing this trend across different sectors of Armenian economy, particularly in agriculture, trade and services.

“We are pleased to build such a successful cooperation with FMO. It will enable us to support SME’s development and contribute to the opening of new job positions in Armenia,” says Mesrop Hakobyan, CEO of Unibank. “We see here a business opportunity and potential for growth, which will help women entrepreneurs, supporting growth and competitiveness in the local market. It is notable that women-run or women-owned enterprises represent an important part of our highly respected customer base. Therefore, we are glad that the new funding from FMO will enable the bank to offer matching products to the specific needs of our female entrepreneurs. I also would like to express our gratitude to our partner Capital Locus LLC, which based on our mandate acted as our fundraising agent with FMO”.

“Reducing inequalities is one of the priority sustainable development goals in FMO’s strategy”, adds Linda Broekhuizen, Chief Investment Officer of FMO, “This Women in Business lending facility by our new partner Unibank supports the growing importance of female entrepreneurship in the Armenian economy. It will also enhance job creation and stimulate women to actively participate in building businesses. We look forward to a long and fruitful cooperation with Unibank.”

About Unibank 

UNIBANK was established in 2001. Today, it is one of the leading banks in Armenia, providing its clients with a wide spectrum of banking products and services.  The bank has 47 branches and 110 outlets, providing around one third of POS loans in Armenia. UNIBANK was the first bank in Armenia to issue shares to the public through an Initial Public Offering (IPO) at NASDAQ OMX ARMENIA. 

For more information, please visit www.unibank.am.

About FMO

FMO is the Dutch development bank. As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development and has a more than 45-year proven track-record of empowering people to employ their skills and improve their quality of life. FMO focuses on three sectors that have high development impact: financial institutions, energy, and agribusiness, food & water. With a committed portfolio of EUR 9 billion spanning over 82 countries, FMO is one of the larger bilateral private sector developments banks globally. For more information: please visit www.fmo.nl

all.me ready to assist in increasing transit potential of Eurasian Economic Union Russian First Deputy PM: Information regarding goods on territory of Eurasian Union should be stored on single resource all.me | Tickets for WCIT 2019 available on meMarket with 25% discount all.me digital platform becomes WCIT 2019 Special Partner The first Armenian International Photo Fest opened in Yerevan supported by Tovmasyan Charity Foundation Yerevan hosts the presentation of Canadian Institute’s (YEDI) Start-Up programs (video) ANIF announces the appointment of Dominique de Villepin to its Board of Directors. OFID and Ameriabank strengthen trade and development in Armenia Ara Sargsyan: desire to keep pace with best international practices is in our dna 2 nd youth entrepreneurship conference launched in Yerevan The project "Days of Maltese Music in Armenia" is another step towards strengthening the friendship between the Armenians and the Maltese Three Armenian Banks Finance Significant Investment Deal of Armenian Company A recorded 18% growth of applications for Unibank’s consumer loans ქალბატონებო, თუ თქვენ თქვენი სხეულის ინტიმურ ნაწილს იპარსავთ, მაშინ აუცილებლად გაეცანით ამ ინფორმაციას! Unibank reported a 20% growth in the sphere of retail lending My new book, “HYDRO POLICY OF THE AZERBAIJANI-KARABAGH CONFLICT” was presented in Yerevan. David Babayan Unibank to expand the network by 5 new branches საზოგადოება შოკშია — მიხეილ სააკაშვილის ყოფილი ტრანსგენდერი საყვარელის სკანდალური აღიარება (ვიდეო) ბრიტანელი დამნაშავის ქართველი შეყვარებული ჟურნალისტი მაიკო ჭანტურიძეა? - ბრიტანული პრესა ინტერპოლით ძებნილ დამნაშავეზე წერს ზოდიაქოს 4 ნიშანი, რომელიც ნებისმიერ დროს და ადგილას მზადაა სექსისთვის
«პირველი ღამე» მსოფლიოს სხვადასხვა ქვეყნებში! სექსი მენსტრუაციის დროს — მეცნიერების ნაწილმა აზრი შეიცვალა 9 რჩევა აღვირახსნილი სექსისთვის რამდენ ხანს გრძელდება კარგი სექსი? წყვილი ლიფტში სექსით დაკავდა, გაინტერესებთ ხალხის რეაქცია? მაშინ ეს აუცილებლად ნახეთ… რას ვერ ამჩნევენ კაცები სექსის დროს? წყვილი თვითმფრინავში ორალური სექსის გამო დააკავეს წყვილი ეკლესიის ეზოში, ერთ-ერთი წმინდანის საფლავზე სექსით დაკავდა „მე ძალიან მიყვარს ჩემი გელფრენდი, მიუხედავად იმისა, რომ დედამისთან მქონდა სექსი“ 23 წლის ორსულმა გოგომ ეჭვიანობის ნიადაგზე ქმრის საყვარელს დაფქული წიწაკა შეაყარა ვაგინაში, რის გამოც ქალი ვეღარასდროს და...
website by Sargssyan