Financed ProjectsID Bank TF

Identification Code:

OP/26/0015

Total Operation Cost:

10.000.000

Maturity:

12 months

Operation Status:

Description and Purpose of the Operation:

ID Bank TF

Countries of Operation:

Armenia (100,00 %)

Financial Product:

Trade Finance

Sector:

Financial Institutions

Domain:

Private

Borrower/Client:

Short-Term Revolving Trade Finance Loan to ID Bank, AM

Co-Financiers/Participants:

n/a

Guarantors/Sponsors:

n/a

Developmental and Regional Cooperation Impact:

EUR 1 million trade facility will have direct regional cooperation benefit, given that BSTDB member countries are major export destinations for Armenian exporters.

Environmental Classification and Impact (summary):

ID Bank presents satisfactory acknowledgement of the importance of E&S risks in their lending and has incorporated operational processes and principles to this end.

Operation Leader:

Financial Institutions II

E-mail:

fi2@bstdb.org