CIS Interstate Bank Ready To Provide Credits To Armenian Real Sector

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

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