Recently, the event
titled “Plug Into Growth” was held, organized by Ardshinbank in cooperation
with the European Bank for Reconstruction and Development (EBRD) through its
Green Economy Financing Facility (GEFF) programme in Armenia, with support from
the Green Climate Fund (GCF) and the Climate Investment Funds (CIF). The event
aimed to present new green financing opportunities for businesses and promote
the adoption of sustainable and energy-efficient solutions in Armenia․
The event brought
together Ardshinbank clients, representatives of the business community, and
industry experts. Participants discussed practical opportunities and available
financing instruments for the implementation of electric mobility, EV charging
stations, solar energy systems, and energy-efficient technologies.
In his speech, Andro
Butkhuzi, Deputy Program Manager of GEFF in Armenia, noted that the GEFF
program, initiated and implemented by the EBRD, supports local businesses in
investing in green technologies through local partner financial institutions.
According to him, the
program is particularly attractive for high-demand investments such as solar PV
stations, solar water heating systems, electric vehicles, electric vehicle
charging infrastructure, and energy storage batteries.
“Ardshinbank recently
joined the GEFF program as a local partner financial institution and has
actively supported clients interested in investing in various green technologies
from the very beginning.
Together with
Ardshinbank, we aim to make green investments as affordable as possible, increase
the number of green loans, raise customer awareness, and provide technical
support alongside financing.
Green investments are
not only a step toward environmental protection, but also a smart business
decision. The implementation of energy-efficient solutions helps reduce
operating costs, decrease dependence on traditional energy sources, and improve
business competitiveness,” Andro Butkhuzi noted.
According to Armine
Melikyan, Head of the Bank's Corporate Business Analytical Department,
customers participating in the program can benefit not only from financing, but
also from cashback incentives.
“One of the key
advantages of this program is the availability of financial incentives.
Depending on the lending purpose, customers may receive a 10–15% incentive,
which can later be directed toward other business development and expansion
initiatives. We see that this topic is generating significant interest among
businesses today,” Armine Melikyan noted.