{"id":112033,"date":"2018-01-12T14:47:05","date_gmt":"2018-01-12T14:47:05","guid":{"rendered":"https:\/\/armbanks.am\/2018\/01\/12\/247080\/"},"modified":"2024-12-15T13:32:11","modified_gmt":"2024-12-15T13:32:11","slug":"araratbank-attracts-10-million-loan-from-german-deg","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2018\/01\/12\/112033\/","title":{"rendered":"Araratbank attracts $10 million loan from German DEG"},"content":{"rendered":"<p><strong>YEREVAN, January 12. \/ARKA\/.<\/strong> Armenia-based Araratbank said today it has signed a $10 million loan agreement with German Deutsche Investitions und Entwicklungsgesellschaft mbH.<\/p>\n<p>According to a press release, placed on Araratbank\u2019s official website, this is the second loan agreement signed with the German lending organization. The new loan will be used to provide long-term financial resources to local small and medium-sized companies.<\/p>\n<p>The bank also said that $1 million of the loan will be channeled into German companies operating in Armenia.<\/p>\n<p>The first loan agreement with DEG to the tune of $10 million Araratbank concluded in 2015.<br \/>\nAraratbank is owned by Flash oil trader (64.25%) EBRD (25%) and RURAL IMPULSE FUND II SA SICAV SIF (10%). It joined NASDAQ OMX Armenia stock exchange in 2009 January. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia-based Araratbank said today it has signed a $10 million loan agreement with German Deutsche Investitions und Entwicklungsgesellschaft mbH<\/p>\n","protected":false},"author":1,"featured_media":157317,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[12162,15837,5016,14609],"class_list":{"0":"post-112033","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-araratbank","10":"tag-armenia-2","11":"tag-deg","12":"tag-german-deg"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/112033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=112033"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/112033\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157317"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=112033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=112033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=112033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}