ARMECONOMBANK INVESTS USD 7 MILLION IN EBRD CO-FINANCING PROGRAM

PanARMENIAN.Net
24.11.2009 16:50 GMT+04:00

/PanARMENIAN.Net/ Armeconombank has already invested USD 7 million in
EBRD (European Bank of Reconstruction and Development) Co-financing
Program, the bank’s press service reported.

Within EBRD Co-financing Program framework, Armeconombank continues
active long – and medium-term financing of trade and manufacturing
projects, offering USD 400 000 -1.2 million credits with up to 5 years’
maturity period, at the interest rate of 12%.