The OPEC Fund for International Development (OPEC Fund) has arranged a US$30 million syndicated loan facility for Evocabank in Armenia.
The OPEC Fund is contributing $10 million from its own resources as an A-lender, while mobilising an additional $20 million in B-loans from the European Fund for Southeast Europe (EFSE) and the Green for Growth Fund (GGF).
OPEC Fund President Abdulhamid