Anelik Bank is the first Armenian bank, with which the European Bank for Reconstruction and Development (EBRD) has launched the Armenian Sustainable Energy Financing Facility (ArmSEFF) to help Armenia develop competitive private businesses.

$3mln was allocated to the bank for on-lending the energy saving field. $20mln will be allocated within ArmSEFF, while $5mln will be provided for the renewable energy sector.

“The funds have not been placed yet, but we have already developed credit programs,” Anelik Bank Lending Department head Hayk Grigoryan told a PanARMENIAN.Net reporter.

On May 3, Yerevan hosted a seminar on ArmSEFF.