  EDB provides 4 mln loan to Araratbank  January 20, 2012 - 12:01 AMTPanARMENIAN.Net - On January 20, loan agreement at USD 4 mln was reached between Araratbank OJSC and Eurasian Development Bank (EDB), the funds to be directed to financing micro and small enterprises. The agreement was concluded by Araratbank CEO Ashot Osipyan and EDB Deputy Chairman Dmitry Zhurba, with Osipyan voicing confidence for the cooperation to continue in the field of financing medium and large businesses. Araratbank CEO further noted that the loan provided by EDB will be assigned by 12-14 % per annum for a period of 3-5 years. Mr. Zhurba, in turn noted the bank’s intention to further develop cooperation with Armenia.  Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news EU, EAEU are incompatible, Russia tells Armenia  The arrival of extra-regional players in Armenia “will have consequences,” Russian Deputy PM Alexei Overchuk has said.Armenia top European Youth Team Chess Championships after Round 4 The Armenian national team top the standings at the European Youth Team Chess Championships 2024 on the Greek island of Rhodes.GAIFF: Tarsem Singh to preside over Regional Competition jury Tarsem Singh is perhaps best known to Armenian audiences as the author behind Lady Gaga’s 911 music video, inspired by the aesthetics of Sergei Parajanov.ICRC reps visit Armenians held in Azerbaijan The staff of the International Committee of the Red Cross have visited Nagorno-Karabakh Armenians currently being held in Azerbaijan. |
