In February 2021, Armeconombank signed loan agreements with funds under management of Symbiotics S.A., a Swiss Investment Company, for about USD 12.0M for.

The funds will be allocated to financing micro, small and medium-size enterprises in Armenia (MSME), one of the strategic priorities of the bank.

The cooperation between the bank and Symbiotics S.A. started in 2016, and the parties have signed 10 loan agreements for more than USD 50M equivalent so far.