Sustainable Investment for Businesses

Finance your green project through GEFF in Armenia and, if eligible, receive a cashback

Sustainable Investment for Businesses
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Ardshinbank participates in the Green Economy Financing Facility (GEFF) in Armenia, a programme supported by the EBRD to promote sustainable investment in the business sector.


Through GEFF, we provide tailored financing solutions to small and medium-sized enterprises, supporting investments that improve energy and resource efficiency, increase the use of renewable energy, and strengthen long-term operational performance.


By combining structured financing, cashback incentives, and access to technical expertise, we enable our clients to modernize their assets while maintaining financial discipline.

Examples of eligible industries

Examples of eligible industries
  • Commercial services
  • Transport and logistics
  • Manufacturing and light industry
  • Agriculture and food processing

Examples of eligible projects

Examples of eligible projects
  • Energy-efficient production and industrial equipment
  • Solar photovoltaic systems and other renewable energy solutions
  • Electric vehicles for business fleets
  • Charging infrastructure
  • Energy storage systems
  • Integrated renewable energy and mobility solutions
Finance your project, receive a cashback
Eligible borrowers may receive cashback incentives, subject to programme conditions. Current incentive levels include:
▪️Up to 10% of the eligible investment cost for electric vehicles
▪️Up to 15% for charging stations
Additional cashback of up to 15% may be available for renewable energy components when electric vehicles are combined with solar photovoltaic systems or battery storage solutions.
Integrated solutions allow businesses to combine electric vehicles, renewable energy generation and energy storage within a single investment structure, improving cost efficiency and strengthening long-term energy resilience.

What steps can you take?

1

Identify the equipment or technology

Through the Green Technology Selector platform or with support from technical experts

2

Submit a financing application

After receiving confirmation of eligibility for the intended project

3

Receive a cashback

After approval and implementation of the investment and in accordance with programme requirements

GEFF financing application

Please fill in the application and our specialists will contact you

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