For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260522:nRSV5144Fa&default-theme=true
RNS Number : 5144F Lion Finance Group PLC 22 May 2026
London, 22 May 2026
Ameriabank and ADB Sign $100 Million Deal to Boost Green and MSME Finance in
Armenia
Lion Finance Group PLC (the "Company" or the "Group") announces that its
banking subsidiary in Armenia, Ameriabank CJSC (the "Bank" or "Ameriabank"),
has recently secured a loan package of up to USD 100 million from the Asian
Development Bank (ADB) to expand access to finance for micro, small, and
medium-sized enterprises (MSMEs), including women-led businesses, and to scale
up green investments. This project represents ADB's largest private sector
transaction in Armenia to date.
The financing package includes:
· Up to 75% of the funds designated for on-lending to MSMEs, with
at least 10% specifically for women-owned businesses and at least 25%
allocated for green finance projects, such as renewable energy and energy
efficiency.
· Up to $125,000 in technical assistance from ADB to strengthen
Ameriabank's sustainability framework and systems.
Lyaziza Sabyrova, ABD's Armenia Country Director, commented: "This project
will expand access to finance for MSMEs - especially women-owned enterprises -
while advancing green investments in Armenia. By providing longer-term
financing, we are supporting businesses to grow, create jobs, and contribute
to a more inclusive and climate-resilient economy."
Hovhannes Toroyan, Chief Financial Officer at Ameriabank, commented: "We are
delighted to strengthen our partnership with the ADB in supporting MSMEs
across Armenia through greater access to affordable financing. As Armenia's
largest lender, with a strong focus on green and sustainable finance, we
remain committed to driving inclusive growth and supporting the country's
long-term economic development."
Giorgi Shagidze, CFO of Lion Finance Group PLC, commented: "We are delighted
to deepen our partnership with ADB. This facility will enable Ameriabank to
continue empowering entrepreneurs across the country. The dedicated funding
for green projects and women-owned enterprises underscores our shared
commitment to building a sustainable and inclusive economy. I would also like
to thank the teams involved for their collaboration and continued support
throughout the process."
Name of authorised official of issuer responsible for making notification:
Nini Arshakuni, Head of Investor Relations
About Lion Finance Group PLC
Lion Finance Group PLC (LSE: BGEO LN) is an LSE-listed company whose main
subsidiaries provide banking and financial services focused in the high-growth
Georgian and Armenian markets through leading, customer-centric, universal
banks - Bank of Georgia in Georgia and Ameriabank in Armenia. By building on
our competitive strengths, we are committed to driving business growth,
sustaining high profitability, and generating strong returns, while creating
opportunities for our stakeholders and making a positive contribution in the
communities where we operate.
Legal Entity Identifier: 213800XKDG12NQG8VC53
For further information, please visit www.lionfinancegroup.uk
(https://lionfinancegroup.uk/) or contact:
Sam Goodacre Nini Arshakuni
Adviser to the CEO Head of Investor Relations
+44 203 178 4034 +44 203 178 4034
sgoodacre@lfg.uk (mailto:sgoodacre@lfg.uk) ir@lfg.uk
This news report is presented for general informational purposes only and
should not be construed as an offer to sell or the solicitation of an offer to
buy any securities
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END MSCATMJTMTJTBBF
Copyright 2019 Regulatory News Service, all rights reserved