EIB ready to assist Armenia in improving business environment

YEREVAN, October 8. /ARKA/. Armenia’s Minister of Finance Tigran Khachatryan received on Friday the head of the regional representation of the European Investment Bank (EIB) for the South Caucasus Maciej Czura , the press service of the Ministry of Finance reported.

Khachatryan was said to highly appreciate the cooperation with the European Investment Bank and attache importance to the programs implemented in various areas with its co-financing, such as construction of the North-South and Sisian-Agarak highways, as well as the programs for managing the Yerevan Metro and Yerevan’s transport system, water resources and irrigation infrastructure.

Czura noted that he is aware of the steps taken by the Armenian government to improve the business environment and stressed that the bank is ready to provide Armenian partners with assistance in this matter as well.

At the same time, the EIB representative expressed satisfaction with the level of cooperation with the Armenian government and expressed confidence that all joint programs will contribute to the development and diversification of the Armenian economy. During the meeting, the parties discussed a wide range of issues of mutual interest.

The European Investment Bank has been working with Armenia for about 12 years. EIB programs in Armenia involve, in particular, the development of socio-economic infrastructures, assistance to the private sector and mitigation of the impact of climate change. -0-

spot_img

POPULAR

CUBE INVEST becomes the first investment company to list AMD 5 billion worth of bonds on AMX

An important precedent has been set in the Armenian capital market: for the first time, an investment company has listed its bonds on the Armenian Securities Exchange (AMX).

Euro and US dollar exchange rates rise against the Armenian dram; ruble falls – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, as recorded in Armenia’s foreign exchange market on November 9, 2026, increased by 0.09 points compared to November 6, reaching 360.34 drams.

Euro jumped 2.33 points against the Armenian dram, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.05 points to 360.12 drams on November 4, 2026, compared to November 3.

Euro, dollar, and ruble exchange rates fell against the Armenian dram, according to the Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, decreased by 0.06 points to 360.34 drams on November 6, 2026, compared to November 5.

Investment portfolio of Armenian credit organizations totaled 99.70 billion drams at the end of the third quarter

As of September 30, 2026, the aggregate investment portfolio of Armenian credit organizations stood at 99.70 billion drams, according to data from an ARKA news agency bulletin.

LATEST NEWS

spot_imgspot_imgspot_img