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Tag: EIB

EIB ready to assist Armenia in improving business environment

Economy admin -
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

Armenia set to deepen cooperation with european investment bank

Banks admin -
Armenian Minister of Territorial Administration and Infrastructure Suren Papikyan and a delegation of the European Investment Bank (EIB), led by loan officer Barbora Zemanova

EIB to provide grant to raise safety on Armenian roads

Banks admin -
The government of Armenia has approved today a proposal to sign an agreement with the European Investment Bank (EIB), where EIB will provide the government with an investment grant to be used to raise the safety on the roads

Sarkissian invites EIB vice president to take part in one of his initiatives

Economy admin -
Armenian President Armen Sarkissian received Thursday Vice President of the European Investment Bank (EIB) Vazil Hudak, the presidential press office reported. Head of the Delegation of the European Union to Armenia Andrea Victorin was present at the meeting

European Investment Bank and Armenian Central Bank sign 50 million euro loan agreement

Banks admin -
The European Investment Bank (EIB) and the Armenian Central Bank signed a 50 million euro agreement October 22 for financing small and medium businesses, the Central Bank said

European investment bank is lending eur 50 million to finance projects promoted by SMEs and MidCap companies in Armenia

Banks admin -
The European Investment Bank (EIB) and Armenia’s Central Bank signed an agreement today whereby EIB will provide a loan of 50 million Euros to the Central Bank to finance various projects of small and medium-sized agricultural and tourism companies

EIB plans to invest about 212 million euros in Armenia

Banks admin -
The European Investment Bank (EIB) is planning to invest about 212 million euros in Armenia for various programs, Vice-President of the bank Wilhelm Morterer told reporters on Monday

EIB to provide Armenia with $50 million euro loan to finance small and medium-sized businesses

Banks admin -
The European Investment Bank (EIB) will provide Armenia with a $50 million euro loan to finance small and medium-sized businesses

Head of Armenian Central Bank to sign a 50mln euro agreement with EIB in Vienna

Banks admin -
The chairman of the Central Bank of Armenia Artur Javadyan will sign a loan agreement worth 50 million euros with the European investment Bank on development of small and midscale businesses in agriculture and tourism in Wien, the press office of the bank reported

EIB to provide Armenia with $90 million loan to finance construction of North-South highway

Banks admin -
The European Investment Bank (EIB) is set to provide Armenia with a $90 million loan to finance the construction of the North-South highway

Armenian parliament ratifies 30 million euro loan agreement with European Investment Bank to modernize three border crossings

Banks admin -
The National Assembly of Armenia ratified on Monday an agreement with the European Investment Bank

Armenia to receive over 30 mln euros on state borders modernization from EIB

Banks admin -
Armenia will receive 30.316 million euros for modernization of its three state border points (Bagratashen, Bavra, Gogavan) within the agreement signed Tuesday

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Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

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Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

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Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

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The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Euro exchange rate plunges by 4.12 points to AMD 414.32

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The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

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