EBRD TO IMPLEMENT MORTGAGE CREDITING PROGRAM JOINTLY WITH ARMECONOMBANK

Noyan Tapan
Apr 26 2006

YEREVAN, APRIL 26, NOYAN TAPAN. The European Bank for Reconstruction
and Development (EBRD) will allocate funds for Armeconombank to
implement mortgage crediting. NT correspondent was informed at
Armeconombank that negotiations on the program’s implementation are
underway. It is envisaged that the two banks will sign a respective
agreement in late May.