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Tag: IFC and BSTDB

IFC to expand services in Armenia for improving investment climate – Liubek

Economy
The IFC is planning to expand its consulting services in Armenia to improve investment climate while focusing on agro-industry, financial sector and renewed energy

IFC and BSTDB help Unibank expand lending to small and medium enterprises in Armenia

Banks
IFC, a member of the World Bank Group, and the Black Sea Trade and Development Bank (BSTDB) will each provide a loan of $5 million to help Armenian Unibank address the long-term financing needs of its SME clients

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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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