EBRD TO PROVIDE ARMENIA’S PRIVATE SECTOR WITH $10 MILLION
Aysor
March 4 2010
Armenia
The European Bank for Reconstruction and Development (EBRD) and
Ameriabank have signed a loan agreement on providing the private
sector with $10 million.
Artak Anesian, Executive Director of the Ameriabank, said that these
amounts will be available for corporate customers’ using.
"The European Bank for Reconstruction and Development one more time
proved that is ready to contribute to development of businesses," said
in his turn EBRD Director for Central Asia, Caucasus, and Mongolia
Michael Taylor.
The agreement is signed within the framework of the Multi-Bank
Framework Facility program, which is being implemented in Armenia
for the second time.
It’s worth mentioning that EBRD is involved in negotiations on two
programmes of $10 million cost, aimed at development of small and
middle businesses.