CIS INTERSTATE BANK READY TO PROVIDE CREDITS TO ARMENIAN REAL SECTOR

ArmInfo
2009-02-27 17:23:00

ArmInfo. Friday on February 27 in Moscow Armenian Prime Minister
Tigran Sargsyan and Russian Central Bank Chairman Sergey Ignatyev
discussed issues related to crediting of the Armenian real sector
enterprises by CIS Interstate Bank. Press Secretary of the Armenian
Prime Minister Diana Mnatsakanyan told media after the meeting.

She said the list of the enterprises will be prepared and submitted
to the Bank shortly. The parties discussed also the measures taken
to soften the aftermaths of the global financial crisis. S. Ignatyev
presented the experience of Russian financial experts in settling the
given problem and the actions taken to maintain financial stability
in Russia.

CIS Interstate Bank has implemented a series of programs worth a
total of $110 million over the last few years. The Bank lent funds
at the annual interest of 9%-12%.

From: Emil Lazarian | Ararat NewsPress