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#Sustainability Bond

Press release: Symbiotics launches first AMD 5,283,232,000 (USD 10,700,000) Sustainability Bond with ARMECONOMBANK OJSC in Armenia

Monday 30th, November 2020

Symbiotics, the leading market access platform for impact investing, has arranged its first Sustainability Bond, that is also the first such bond in Armenia, by raising AMD 5,283,232,000 (USD 10,700,000) in local currency for ARMECONOMBANK OJSC (“AEB”).

This bond is issued via Symbiotics’ s

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Testimonials

Ms. Esperansa Sejas is a textile wholesaler and retailer in Cochabamba, central Bolivia. She started her business in the 1960s, initially selling fabrics at a local market. Banco PyME de la Comunidad S.A. (BCO) has supported her growth since 2005 with working capital financing. After 50 years of operations, she currently owns thirteen stores at two local markets in Cochabamba and employs more than a dozen people.

“Thanks to financial support from BCO, I am able to import and sell fabrics from diverse parts of the world”

 

Ms. Sejas