{"id":30897,"date":"2011-12-09T17:54:31","date_gmt":"2011-12-09T17:54:31","guid":{"rendered":"https:\/\/armbanks.am\/2011\/12\/09\/234357\/"},"modified":"2024-12-15T12:54:14","modified_gmt":"2024-12-15T12:54:14","slug":"armenian-lebanese-banking-sectors-have-untapped-reserves-for-investment","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/12\/09\/30897\/","title":{"rendered":"Armenian, Lebanese banking sectors have untapped reserves for investment"},"content":{"rendered":"<p>YEREVAN, December 9. \/ARKA\/. Armenian Prime Minister Tigran Sargsyan and Lebanese President Michel Suleiman met in Yerevan on Friday.<\/p>\n<p>Expressing satisfaction at cooperation between the two countries\u2019 banking sectors, they said that there are still untapped resources for investment, Armenian government\u2019s press office reported.<\/p>\n<p>One of 21 commercial banks operating in Armenia is Byblos Bank Armenia, a subsidiary of Lebanese Byblos Bank SAL that holds 65% in the subsidiary with the remaining shares owned by EBRD (25%) and OPEC International Development Fund (10%).<\/p>\n<p>Sargsyan and Suleiman also looked into possibilities of establishing cooperation in financial, agricultural sectors saying that both countries are able to increase bilateral trade.<\/p>\n<p>They stressed the importance of Armenian-Lebanese business conferences saying they would spur mutual investments.<\/p>\n<p>The also spoke about possible development of tourism, which can increase the number of flights between the two countries.<\/p>\n<p>Some 100 companies with Lebanese capital operate in Armenia.<br \/>\nLebanese companies invest money mainly in banking, insurance, services and real estate sectors. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian Prime Minister Tigran Sargsyan and Lebanese President Michel Suleiman met in Yerevan on Friday.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,15418,12773,309],"class_list":{"0":"post-30897","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-armenia-2","9":"tag-bank-en-2","10":"tag-lebanese","11":"tag-309"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/30897","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=30897"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/30897\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=30897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=30897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=30897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}