Categories: Finance

Armswissbank attracted lending funds from responsAbility Investments AG

Armswissbank has obtained a loan amounting to USD 3 million and EUR 5 million and with a 5-year maturity from an private debt fund managed by leading impact asset manager responsAbility Investments AG. The funds will be used to increase the Bank’s lending activities.

“We attach great importance to expanding partnerships with international financial institutions through the involvement of new partners. This is the first transaction between Armswissbank and responsAbility Investments AG and we are hopeful that the continued cooperation between our companies will contribute to providing more favorable credit conditions to our clients” said Executive Director of Armswissbank Gevorg Machanyan.

A leading asset manager for impact investments in emerging economies with a 16-year track record, responsAbility manages USD 3 bn of assets through a variety of investment vehicles that provide private debt and private equity to some 450 companies with inclusive business models across 90 countries. Founded in 2003, the company is headquartered in Zurich, Switzerland, and has local offices in Bangkok, Geneva, Hong Kong, Lima, Luxembourg, Mumbai, Nairobi, Oslo and Paris.

Armswissbank was founded in 2004. As a dynamically developing financial institution, the Bank operates in corporate and investment banking, offering traditional and modern financial solutions in the international banking system. The Bank cooperates with a number of international organizations such as EBRD, ADB, KFW, EIB, IIB, FCI and others.

Share

Affordable mortgage and more. Converse Bank is the partner of Build Armenia

As a partner of Build Armenia, Converse Bank within the framework of the expo-exhibition, will present mortgage lending products with…

1 day ago

The Selected Startups of SAP Startup Factory 1st Batch

SAP Startup Factory by BANA has announced the selected startups of the acceleration program. The 10 B2B teams are now…

2 days ago

Viva-MTS: By the end of this year Goghtanik settlement will be fully illuminated

In Goghtanik, the former reality of wandering in the dark in the evening has partially changed. Viva-MTS and the Foundation…

2 days ago

Ucom Offers Affordable Gadgets at Bigger Discount

As of today, within the framework of the "Affordable Gadgets at Bigger Discount" autumn offer, everyone can purchase a wide…

2 days ago

The best vacation destinations in the autumn of 2021

The premium VISA Signature card offers various benefits during your trips. Furthermore, this type of card issued by Converse Bank…

3 days ago

Viva-MTS:  Annual charity dinner in support of the socially vulnerable groups

The 15th annual charity dinner of “Orran” Charitable Non-Governmental Organization took place at the Armenia Marriott hotel. The yearly event is anchored…

6 days ago

The Galaxy Group of Companies celebrates 22nd anniversary. The occasion was marked by a special rock-classical concert

The Galaxy Group of Companies is 22 years old. One of the first and largest conglomerates in Armenia, with its…

1 week ago

BUSUU language learning app for Viva-MTS subscribers

Viva-MTS offers premium subscription to “BUSUU” app, specially designed for its subscribers. “BUSUU” is one of the largest language learning…

1 week ago

Ralph Yirikian shared Viva-MTS management experience to Leadership School students

Viva-MTS General Manager Ralph Yirikian presented his knowledge and experience in the fields of business leadership and management to the…

1 week ago