Fri, 24 January
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Tag: KFW

Armenian Central Bank, KfW sign 70 million euro loan agreement

Economy admin -
The Central Bank of Armenia and the German KfW Development Bank signed a loan agreement on Monday for the 3rd stage of the SME lending program, which will go along with a technical assistance

Unibank has announced new loans for SME together with KfW bank

Banks admin -
Unibank is expanding cooperation with KfW bank and starts realizing a new credit program for business. According to the press service of the bank, two products have been developed within its framework- "Unsecured MSME" and "MSME” loans, which will allow the small, medium and micro-enterprises to receive funds for capital investments and current expenses

Armenia signs with KfW three loan agreements totaling €60 million

Banks admin -
Head of the Central Bank of Armenia Arthur Javadyan and German's KfW Bank Regional Director Olaf Zymelka signed Saturday three loan agreements totaling €60 million (€20 million each), the press office of the central bank reports

Central bank chairman off to Germany to discuss creation of KfW lab in Armenia

Banks admin -
The chairman of the Central Bank of Armenia Artur Javadyan has left for Germany’s Frankfurt to participate in a meeting of the supervisory board of the German-Armenian Foundation that oversees projects, implemented in Armenia with the financial support of German KfW Bank

KFW regional director says Armenia is an important partner

Banks admin -
Armenian Prime Minister Nikol Pashinyan who has arrived in the Federal Republic of Germany on official visit, traveled first to the German city of Cologne

Armenian central bank head to travel to Frankfurt for German-Armenian Fund supervisory board’s session

Banks admin -
Arthur Javadyan, chairman of the Central Bank of Armenia, flew Friday to Frankfurt to attend a regular session of the supervisory board on the German-Armenian Fund’s programs, the regulator’s press office reports

Armenia to get another KfW 15 million euro loan to enhance energy saving

Banks admin -
The Central Bank of Armenia and the German bank KfW have signed a loan agreement today to the tune of 15 million euros. The funds will be used to finance the implementation of energy saving projects by micro, small and medium-sized businesses, the Central Bank said

Armenian government and Germany’s KfW sign € 23.8-million agreements

Banks admin -
The Armenian government and German Development Bank (KfW) signed two agreements on Monday as Karen Karapetyan, Armenian prime minister, meet with German Development Bank (KfW) Regional Director Olaf Zimelka

German KfW to provide 5.3 million to Armenia to help introduce agriculture insurance scheme

Banks admin -
The government of Armenia has approved today a draft grant agreement between the ministry of finance and the German state-owned KfW bank to the tune of 5.3 million euros

Armenia to receive €80-million budget-supporting loan from Germany’s KfW

Banks admin -
Armenia will receive a €80-million budget-supporting loan from Germany’s KfW Bank, Vardan Aramyan, Armenian finance minister, said Thursday at a regular cabinet meeting

Armenia to receive $8.25 million from KfW in grants

Banks admin -
Germany’s KfW Bank will provide $8.25 million to Armenia in grants for implementing environmental projects, the press office of the Armenian nature protection ministry reported on Monday

Kamurj provided 850 million drams worth loans in 2016 as part of KfW program

Loans admin -
Kamurj (Bridge) universal credit organization said today it had joined two agricultural credit programs of the German bank KFW at the end of 2015, having also received an opportunity to cooperate with the international financial consulting company BFC as part of those programs

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Euro jumps by 3.25 drams to 418.48 drams

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The average market exchange rate of the U.S. dollar to the Armenian dram on January 24, 2024, amounted to 398.97 drams, having risen by 0.09 points compared to January 23.

Goldman Sachs considers opportunities for cooperation with Armenia

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Armenian Prime Minister Nikol Pashinyan met with Jared Cohen, President of Global Affairs of Goldman Sachs, one of the world’s leading investment banks, within the framework of the World Economic Forum in Davos.

US dollar exchange rate up by 0.14 points, while the euro falls by 1.37 points

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The average market exchange rate of the U.S. dollar to the Armenian dram at the end of January 23, 2024, amounted to 398.88 drams, having risen by 0.14 points compared to 22 January.

Armenia to receive 45.3 million euros from Asian Development Bank to improve healthcare quality

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Armenia will receive a EUR 45.3 million loan from the Asian Development Bank for the implementation of the ‘Health Care Quality Improvement Programme’. The Armenian government made a corresponding decision on Thursday.

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