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    Emil Lazarian
  • 3 years ago
    • Categories: 2021

One Success Story: When the idea turns into reality

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 17:41,

YEREVAN, NOVEMBER 18, ARMENPRESS. TSAYG TV is well known in Armenia. According to Margarita Minasyan, the director of TSAYG LLC, the television in Armenia cannot ensure large financial flows, though needs large financial investments for development. That was why the owners decided renovating the own real estate in the center of Gyumri to open a business center and to direct a part of revenues for the development of the TV company.

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Once the shareholder meeting took the decision, the Company applied to Converse Bank for a loan, which was approved.  After renovation the premises were leased to various companies.

“We tended to work with young people from the very beginning.  And as it turned out, IT companies are concentrated in our business center today,” Margarita said and added that they were considering the establishment of small productions with the support of Converse Bank.

The project was financed within the scope of the EBRD Women in Business Program. 

Converse Bank CJSC SME online lending platform- 

Oversight of the Bank is exercised by the Central Bank of Armenia.

https://armenpress.am/eng/news/1068565.html?fbclid=IwAR2GM_gUQtLDobh8qSXogXUkN1kGEFVK658R3r3o9HHhVjn5PD1Kz4ZPGxY

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS