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Tag: Dutch Development Bank

Araratbank attracts $10-million loan from Dutch Development Bank FMO

Banks
FMO, the Dutch Development Bank, has provided USD 10 million to Araratbank, the press office of the Armenian bank reports. According to the bank's press release, the financial means will be lent for implementation of SME development programs as well as energy-saving and so called green business programs

Inecobank to get US$25 million from Dutch Development Bank

Banks
Inecobank and FMO, the Dutch Development Bank, signed October 6, a new Term Facility Agreement for the financing of small and medium enterprises (SMEs)

Dutch Development Bank (FMO) and ACBA-CREDIT AGRICOLE BANK sign USD 15 million loan agreement to boost Armenia’s SME and agriculture

Banks
The Dutch Development Bank (FMO) and Armenia-based ACBA-CREDIT AGRICOLE BANK have signed a loan agreement to the tune of USD 15 million

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ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

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