Eurasian Development Bank intends to expand its activity in Armenia

YEREVAN, December 25. /ARKA/. Serzh Sargsyan, Armenian president, received Friday Eurasian Development Bank Management Board Chairman Andrei Belianinov, the presidential press office reports.

Congratulating the guest on being appointed as chairman of the management board of the bank, the Sargsyan expressed confidence that Mr Belianinov’s long work experience in both public and private sectors will help enhance the Bank’s role in the Eurasian space and implement new development programs in member countries.

Serzh Sargsyan and Andrei Belianinov discussed the prospects for deepening cooperation between Armenia and the Eurasian Development Bank, attracting investment and building up the Bank’s capacity.

Noting that during his visit he had already met with the prime minister and the finance minister of Armenia, and was therefore well-informed about the impressive pace of Armenia’s economic development, Andrei Belianinov stressed the Bank’s willingness to expand the scope of its commitments in Armenia. –0—

spot_img

POPULAR

A New Level of Insurance Innovation: The Armenian Bureau of Motor Insurers and GAIP Sign a Cooperation Agreement

The Armenian Bureau of Motor Insurers and the international organization Global Association of InsurTech Professionals (GAIP) signed a cooperation agreement on Monday in the field of compulsory motor insurance (CMTPLI) and insurance technologies.

100 million euros will be allocated for business development in Armenia: ACBA Bank

CBA Bank, in a new partnership with the European Bank for Reconstruction and Development, will allocate 100 million euros to the development of businesses operating in Armenia, with the EBRD bearing the risk of 50 million euros of the financing.

The international chess tournament supported by IDBank has concluded

The Yerevan Spring ID Cup, organized with the support of IDBank, has successfully concluded.

Union of Banks: SMEs account for approximately 37% of Armenia’s economy and receive 60% of business loans

Small and medium businesses account for approximately 37% of Armenia's economy and receive approximately 60% of business loans, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Armenia Shows Significant Progress in Using More Complex Financial Instruments – EBRD

Armenia is demonstrating significant progress and growing readiness to use more complex financial instruments, said Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, in an interview with ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img