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EBRD and donors organise US$4 million package to Arvand Bank in Tajikistan
EBRD and donors organise US$4 million package to Arvand Bank in Tajikistan
Promoting green technologies and new opportunities for women-led businesses
Green Climate Fund joining forces with EBRD The European Bank for Reconstruction and Development (EBRD) is teaming up with the Green Climate Fund (GCF) to support small private-sector companies in Tajikistan, which invest in green technology solutions, and to create new opportunities for women-led small businesses. A financial package of US$4 million organised by the EBRD will be provided to Arvand Bank, which is serving almost 100,000 clients through 72 branches and customer service outlets across Tajikistan including in the Gorno-Badakhshan Autonomous Region, a high altitude area, which occupies almost half of the country’s territory and where the presence of financial institutions is limited.