📋 Tender Overview
Project ID: 56536
Status: Exploratory
Location: Armenia
Business Sector: Financial Institutions
Notice Type: Private
Approval Date: 24 Sep 2025
Disclosure date: 20 Aug 2025
Project Description
A senior loan of up to USD 40 million from EBRD to ACBA Bank under the Youth in Business ("YiB") Caucasus Programme, aimed at supporting youth-led or youth-owned micro, small, and medium enterprises in Armenia.
Project Objectives
The project will pilot the YiB loan in Armenia to address the shortage of credit for youth-led MSMEs and remove structural barriers to their growth. It will focus on building and embedding the banking infrastructure needed for sustainable youth-focused lending, enhancing ACBA's capacity to provide tailored financial products and support services, and ultimately promoting the long-term inclusion of the youth segment in Armenia's MSME market.
Transition Impact
The project's transition impact stems from its Inclusive and Competitive qualities. The operation is expected to increase lending to Youth MSMEs in the country, facilitate ACBA's capacity building and promote the transfer of skills to young business owners and managers in Armenia.
