EDB ready to finance infrastructural projects in Armenia-Shatalov

YEREVAN, July 27. /ARKA/. The Eurasian Development Bank (EDB) is ready to finance infrastructural projects in Armenia, Deputy Chairman of the Bank, Managing Director of the EurAsEC Anti-Crisis Fund Department Sergey Shatalov said Thursday at the meeting with Armenian Transport and Communication Minister Gagik Beglaryan.

“Shatalov underlined EDB’s readiness to finance infrastructural projects via Anti-Crisis Fund. Among such projects there is the fourth tranche of “North-South” program,” the Ministry of Transport and Communication reports.

The Managing Director highlighted that the delegation had visited Armenia to get familiar with the Minister’s position, further projects as well as discuss the cooperation course.
On his side, Beglaryan expressed his willingness to continue cooperating with the EDB and asked to prepare specific proposals for the next meeting.

“Shatalov pledged to present the developed proposals at the next meeting,” the source informs. —0-

spot_img

POPULAR

Armenian banks increased net profit to 219.7 billion drams in the first half of the year

The combined net profit (after tax) of Armenian banks in the first half of 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams in the same period of 2025, an increase of 9.48%.

T-Bank customers in Armenia can now pay for purchases using QR codes

T-Bank customers in Armenia can now pay for purchases using QR codes through the mobile app, the bank's press service announced.

”Araks” poultry farm produces 10 tons of poultry meat and 400 thousand eggs daily, its partner is Acba Leasing

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 21, 2026, increased by 0.75 points compared to July 20, reaching 366.68 drams.

Converse Bank Named Armenia’s Best Digital Bank for Consumers by Euromoney

Converse Bank has been named Armenia’s Best Digital Bank for Consumers by the internationally renowned financial publication Euromoney

LATEST NEWS

spot_imgspot_imgspot_img