  EFSE, CBA subsidiary to promote SME creditingDecember 6, 2011 - 16:52 AMT PanARMENIAN.Net - European Fund for Southeast Europe (EFSE) and Central Bank of Armenia subsidiary SME Crediting Assistance signed a Euro 2 mln crediting agreement to stimulate medium and small enterprises’ crediting in national currency. To this purpose, Converse Bank and Araratbank have attracted investments from SME financing foundation, and expect to involve more partners in future, CBA press service reported.   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 Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
