All News and Announcements

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News

Solomon Islands Meet With UNCDF, New Zealand and the European Union on the Delivery of $15 M for Locally Led Adaptation

The Local Climate Adaptive Living Facility, which will deploy over USD15 million in climate finance will support the delivery of adaptation projects at the grassroots level and deliver on national commitments to build resilience to the escalating impacts of climate change.

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New Mobile Money Service Welcomed as a Tool for Financial Inclusion in Solomon Islands

Launched in June 2023 by the country’s largest telecommunications provider, the new mobile money service M-Selen aims to bring basic financial services to the fingertips of everyday Solomon Islanders.

News

AFC Increases the Share of Energy Efficient Mortgage Loans in Armenia

More than 40 percent of the loan amount was allocated to energy efficient housing projects, i.e. purchase of new energy efficient apartments, as well as individual house constructions and renovations.

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Evocabank Raises $7.5 Million From Symbiotics

Attracted financial means will be directed towards the development of micro, small and medium-sized businesses in Armenia.

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AFC Experts Develop a Climate Impact Tool - A Decisive Step Towards Reducing CO2 Emissions in Armenia

The project allows for financing of various loan purposes, for example purchase of housing from primary and secondary markets, renovation, and single-family house construction.

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Symbiotics Opens New Offices in Armenia and India

This new office in Yerevan, Armenia aims to strengthen Symbiotics' long-standing presence in the region and further support its growth.

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Symbiotics Launches $6.75 M Sustainability Bond in Armenia With ACBA Bank OJSC

ACBA has committed to use the proceeds of the Sustainability Bond for both social and green projects, in line with the ICMA Sustainability Bond Principles.

News

Symbiotics Arranges a Sustainability Bond in Armenia With AraratBank for $14.5 Million

Microenterprises and SMEs will benefit from the Social loans to encourage employment creation and business activity in the country.

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IFC Partners With Evocabank to Support Smaller Businesses, Boost Resilience and Drive Recovery in Armenia

Even before the COVID-19 crisis, access to finance was the biggest obstacle for doing business in Armenia. Has it increased following the pandemic?