News
30 January 2019

Ardshinbank signs $35m trade finance facility with Citi and ADB

Region:
Europe

Armenia's Ardshinbank has signed a $35 million one-year Club Trade Finance Facility arranged by Citi with Asian Development Bank.

Proceeds of this facility will strengthen the ability of Ardshinbank to provide trade financing to support entrepreneurs in Armenia and increase their access to international trade.

It represents the second Club deal between Ardshinbank, Citi and ADB.

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