EBRD invested €3 billion in Armenia through 245 projects – Falcetti

YEREVAN, May 12. /ARKA/. The European Bank for Reconstruction and Development (EBRD) is one of the leading institutional investors in Armenia, and to date has invested over €3 billion in Armenia through 245 projects, 85% of which are in the private sector. Elisabetta Falcetti, the bank’s Executive Director for Turkey and the Caucasus, stated this in an interview with ARKA news agency.

“This level of investment underscores Armenia’s importance to the EBRD, as well as its growing ability to effectively attract and utilize investment resources,” she said.

According to Falcetti, Armenia has seen record investment volumes for the second consecutive year.

“After reaching a historic high of €396 million in 2024, our investments have reached a new record high of approximately €426 million in 2025 across 26 projects. This stable growth reflects the EBRD’s confidence in Armenia’s economic potential and the country’s strong capacity to absorb investment,” she emphasized.

The Executive Director noted that the bank’s project pipeline remains significant going forward.

“We look forward to another successful year, continuing to support private sector development, sustainable infrastructure, human capital, and stability across all sectors of the Armenian economy,” she said.

In this context, Falcetti noted that developing and strengthening regional connections is becoming a key strategic priority, particularly in the areas of transport, energy, and digital infrastructure.

“These sectors play a key role in ensuring Armenia’s long-term productivity, resilience, and social cohesion,” she explained.

The full interview can be found here.

spot_img

POPULAR

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

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.

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.

Chairman of Central Bank: Interest rates on loans for bona fide SMEs may decrease by 1-1.5%

The Central Bank of Armenia has initiated a program to support small and medium-sized businesses, under which interest rates on loans for companies with good credit and tax histories may be reduced by 1-1.5%, stated Central Bank Chairman Martin Galstyan.

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.

LATEST NEWS

spot_imgspot_imgspot_img