EBRD SME lending project successfully completed in AgroInvestBank

In December 2011, the Small and Medium Enterprises (SME) lending project supported by the European Bank for Reconstruction and Development (EBRD) was successfully completed in AgroInvestBank. Technical assistance within the project’s framework was provided by the Swiss consulting company Business & Finance Consulting (BFC). “We are grateful to EBRD for providing the opportunity to develop SME lending in the broad branch network of our Bank. Currently this is one of AgroInvestBank’s business priorities”, mentioned the Bank’s project coordinator, Deputy Head of the Corporate Banking, Khurshed Odinayev.

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EBRD finalized SME lending project in Bank Eskhata

mrc_fin9The Small and Medium Enterprises (SME) lending project was successfully completed in Bank Eskhata. The project was funded from EBRD shareholders’ special fund. Technical assistance within the project’s framework was provided by the Swiss consulting company Business & Finance Consulting (BFC).

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JSC MFO Crystal, Georgia

mrc_fin10JSC Microfinance Organization Crystal and consulting company Business & Finance Consulting (BFC) have completed a series of trainings and seminars, bringing new techniques and professional experience to one of the leading groups in the Georgian microfinance sector.

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BFC has conducted trainings for loan specialists of Areximbank—Gazprombank Group

mrc_fin11A ceremony of diploma presentation as a result of training of bank’s loan specialists took place at Areximbank—Gazprombank Group cjsc. The training was conducted by Business & Finance Consulting, a Swiss company. The project is aimed at delivery of consulting services, targeted at development of lending to small and medium-sized businesses in Areximbank.

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VTB-Armenia and BFC Successfully Complete Cooperation

mrc_fin12Russian-owned VTB Bank (Armenia) and Business & Finance Consulting (BFC) company have successfully completed a two-year cooperation, VTB Bank (Armenia) press office told ARKA in a press release. According to it, a micro-crediting program has helped VTB Bank (Armenia) to move forward at the local market of small business financing.

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Eskhata Bank is on the right path of progress through cooperation with the EBRD!

mrc_fin13Eskhata Bank is successfully implementing the program of lending to small and medium-sized enterprises with the support from EBRD, which allows to obtain, under favorable conditions, the necessary financial resources for successful development. This project is supported by the EBRD Shareholder Special Fund and the Support Fund for countries in early stages of transition to market economy and is active since the beginning of 2010 within the Eskhata Bank under the technical assistance of a Swiss consulting company (BFC). The most important advantage of lending to small and medium enterprises is the provision of lending for longer period of time and lower interest rates. The credit is granted in a short time depending on the amount requested, loans may reach 500 thousand USD and more. Up-to-date, this program has provided loans amounting than 15 million somoni.

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