The EBRD is investing in Inecobank to facilitate its acquisition of ProCredit Bank Armenia, aiming to strengthen the country's banking sector and support SME growth.

Target Information

The European Bank for Reconstruction and Development (EBRD) has committed to providing equity finance for Inecobank, a prominent financial institution in Armenia. This strategic investment aims to facilitate Inecobank's acquisition of ProCredit Bank Armenia, thereby enhancing its market position and operational capacity in the Armenian banking sector.

Inecobank, recognized for its customer-centric banking solutions, plays a vital role in the financial landscape of Armenia. The bank's focus on sustainable growth and innovation has made it a key player in the country's economic development, particularly in supporting small and medium-sized enterprises (SMEs).

Industry Overview in Armenia

The banking sector in Armenia has been undergoing significant transformation in recent years, marked by consolidation efforts that aim to increase efficiency and enhance c

View Source

Similar Deals

Brookfield Asset Management Oaktree Capital

2026

Other Private Equity Closed End Funds United States of America
Palomar Holdings, Inc. The Gray Casualty & Surety Company

2026

Other Private Equity Casualty Insurance United States of America
East Africa Growth Holdings I&M Group PLC

2025

Other Private Equity Retail & Mortgage Banks Kenya
CCF portefeuille de crédits immobiliers

2025

Other Private Equity Retail & Mortgage Banks France
ANTCO Investment Group AB Vakanta AB

2025

Other Private Equity Mutual Funds (NEC) Sweden
Zubr Capital amma

2025

Other Private Equity Closed End Funds Other

EBRD

invested in

ProCredit Bank Armenia

in 2015

in a Other Private Equity deal

Deal Parameters
Industry
Country
Seller type

Sign Up to Dealert