Head of Armenia’s CB to attend German-Armenian Fund supervisory board meeting in Frankfurt

Banks

YEREVAN, April 28. /ARKA/. Chairman of the Central Bank of Armenia Artur Javadyan will participate in the meeting of supervisory board of German-Armenian Fund in Frankfurt today, the regulator’s press office reported.

The meeting will discuss implementation of various loan programs funded by KfW (Kreditanstalt fur Wiederaufbau) and will consider German-Armenian financial cooperation issues, according to the report.

German KfW has been supporting various projects in energy, water supply, finance and banking and the private sector in Armenia since 1995.

The German-Armenian Fund was established by the two governments in 1998 to support the small-sized businesses in Armenia. –0—

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