Energy, Oil & Gas

Opec Fund arranges $30m loan to Evocaban for green transition

The Opec Fund for International Development (the Opec Fund) has arranged a $30 million syndicated loan facility for Evocabank in Armenia. The funding will expand Evocabank’s lending capacity to micro, small and medium-sized enterprises (MSMEs) and support climate-related investments helping to strengthen Armenia’s private sector and foster sustainable economic growth....