The Green loan is our way of supporting the efforts of Armenian MSMEs to develop environmentally friendly and socially responsible businesses. Because these investments are not only aimed at business development, but also address the environmental problems we face today, Green loans are offered at preferential conditions by the partner financial institutions (PFIs).

The PFIs are responsible for the financial analysis and the final decision vis-à-vis the disbursement of green loans. You can apply for a Green loan directly from the participating green financing.

Terms and conditions:

Feature	Information
Loan purpose	Green investments (fixed assets, working capital) in accordance with the so-called 70/30 rule
Currency	AMD
Green loan amount	AMD 1bn
Loan maturity	≤ 60 months
Interest rate	defined by PFIs
Collateral requirements	defined by PFIs

 

70/30 rule:

At least 70% of the Green loan amount must be used to purchase machinery, equipment, or other goods and products, including services and other incidental expenses related to the planned green investment. Eligible incidental services and other incidental expenses may be summarised as follows:

• Installation costs (including preparation costs)
• Costs for necessary additional equipment directly linked to the investment
• Costs for technical feasibility checks
• Labour costs directly linked to the investment

Up to a maximum of 30% of the Green loan amount may be spent on other fixed asset purposes.