The Chamber

Loan Agreement between Evocabank and PROPARCO

We warmly congratulate our member and partner Evocabank on the signing of a €20 million loan agreement with the French Development Finance Institution PROPARCO, in the presence of the President of the French Republic, Emmanuel Macron, and the Prime Minister of the Republic of Armenia, Nikol Pashinyan.

As a reminder, last December, the Chamber of Commerce and Industry France Armenia, represented by its President Tigran Arakelian, and Evocabank, represented by its CEO Karen Yeghiazaryan, signed a Memorandum of Cooperation aimed at boosting economic activities of French companies in Armenia and strengthening trade relations between the two countries.

Evocabank offers attractive financing conditions for French companies wishing to establish themselves in Armenia, either through a subsidiary, participation, or local distributor.

In turn, the Chamber of Commerce and Industry France Armenia helps further integrate Evocabank into the French business community.