Support for the financing of the agriculture sector in Armenia (Phase II)

The objective of the programme is to support the expansion of sustainable lending to agricultural MSMEs in Armenia, thus contributing to the broadening and deepening of the financial sector, as well as to creating and securing employment and income in rural areas. The programme is implemented in cooperation with selected PFIs via the German Armenian Fund (GAF), which is administered by the Central Bank of Armenia (CBA).

The overall programme objectives are to:

  • Support the PFIs to introduce/amend procedures and credit technology for agricultural lending
  • Support the PFIs and agricultural MSMEs to introduce agricultural value chain financing products
  • Improve the PFIs’ capabilities to assess environmental and climate risks of agricultural investments


For more up-to-date headlines on Armenian’s agriculture investment news, please follow “The Armenian Agricultural Finance Bulletin”, which presents a monthly roundup of headlines and news stories related to investments and financing flows to Armenia rural financial sector.


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