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Closed Banking and Financial Services US Foreign Aid

Finance for Economic Development Program

$4.32M USD

Funder U.S. Agency for International Development
Recipient Organization Cardno Limited
Country Armenia
Start Date Jan 19, 2013
End Date May 16, 2017
Duration 1,578 days
Number of Grantees 42
Roles Recipient
Data Source US Foreign Aid
Grant ID 199774-76
Grant Description

The Finance for Economic Development (FED) project enhances the efficiency and technical capacity of Armenian financial institutions to provide services and financing to enterprises in rural and urban areas of Armenia.

The project supports policy and regulatory reforms that will help improve the financial environment and increase access to credit for small and medium enterprises toward broader economic growth.

FED helps develop the human and institutional capacity of the financial sector, including banking and credit, accounting, auditing, insurance and actuarial occupations.

FED also promotes Armenias pension reform through strengthening the countrys capital markets and providing sound local investments for pension contributions.

All Grantees

Cardno Limited

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