SME Investments Lending Organisation

Updated 25.12.2015

"SME Investments” Universal Credit Organization (UCO) CJSC was established by the decision N717-A of 26 June 2009 of the Government of the Republic of Armenia within the framework of an economy stabilization lending program.

License N 28 of the Central Bank of the Republic of Armenia issued on 7 August 2009.

The mission of the credit organization - to promote the development of small and medium entrepreneurship and branches which have a strategic importance for the Armenian economy with the focus on the proportional development of country’s regions. Carrying out credit policy, the organization pays attention especially to programs whose implementation has a strategic importance for the economy of the Republic of Armenia and promotes the development of Armenian regions.

The target lending groups of the organization are legal entities (residents) and private entrepreneurs.

Main lending areas are:
- Industry
- agriculture
- information technolgies
- construction
- provision of services and maintenance
- trade

In the process of granting loans preference is given to:
- organization of a new production or expansion of production;
- import substitution, organization of production aimed at export or having export potential;
- organization of production using new technologies or innovative solutions;
- creation of new or additional workplaces, preservation of existing workplaces, development of local regions;
- use of local raw materials and resources.

Executive Director Artur Badalyan
Address Nairi Zaryan 74, 277, Yerevan
Phone (010)708020, (010)708030, (060)506556