📋 Tender Overview
Project ID: 56190
Status: Exploratory
Location: Armenia
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 24 Sep 2025
Disclosure date: 20 Aug 2025
Project Description
Portfolio Risk Sharing ("PRS") in the form of an unfunded guarantee of up to EUR 50 million provided by the EBRD in favour of ACBA Bank. The guarantee will cover up to 50% of the credit risk for newly generated MSME loan portfolio originated by ACBA Bank.
Project Objectives
The project will enable ACBA Bank to expand lending to underbanked MSMEs with a focus on rural areas. By sharing credit risk, the guarantee from EBRD will free ACBA's capacity for growth, contribute to closing the MSME financing gap, and promote inclusive regional economic development.
Transition Impact
ETI score: 60
The project's transition impact stems from Competitive and Resilient qualities, as the facility will enable ACBA to expand MSME lending in Armenia, while reducing the risk profile of its MSME portfolio.
