Armenia may receive 79.5 mln euros in preferential loans from KFW Bank

13.03.2013 20:28
Armenia may receive 79.5 mln euros in preferential loans from KFW Bank

YEREVAN, March 13. /ARKA/. German’s KfW bank may allocate preferential loans to Armenia for supporting implementation of different programs, Finance Ministry reports to ARKA on Wednesday.

Lending within the frames of 2013 agreement on Armenian-German interparliamentary financial cooperation will stand at 79.5 million euros.

The agreement was signed yesterday by Armenia’s Finance Minister Vache Gabrielyan and German Ambassador to Armenia Reiner Morell.

The loans will be directed to supporting the agro sector (up to 15 million euros, plus 250,000 euros for necessary events), implementing the first round of the waste recycling program (up to 20 million euros), the third round of the renewable energy development program (up to 40 million euros), and the ecology program (up to 4.25 million euros).—0-


Read the news first and discuss them in our Telegram


Tags: , , Новости Армении АМИ Новости-Армения

Related Posts
KFW to sign euro 50 million worth loan agreements with Armenian central bank and finance ministry2010-04-16 18:53:17 KFW to sign euro 50 million worth loan agreements with Armenian central bank and finance ministry
Armenia’s bank assets built up 17% in 2019 – member of central bank’s board2020-02-04 16:44:24 Armenia’s bank assets built up 17% in 2019 – member of central bank’s board
Foreign bank-issued cards were used in Armenia to make a total of 4.9 million transactions in 20192020-02-03 16:24:07 Foreign bank-issued cards were used in Armenia to make a total of 4.9 million transactions in 2019
Armenia signs with KfW three loan agreements totaling €60 million2019-12-09 16:24:24 Armenia signs with KfW three loan agreements totaling €60 million
Bank branch head arrested in Armenia on suspicion of pocketing AMD 122 million2019-10-08 16:31:34 Bank branch head arrested in Armenia on suspicion of pocketing AMD 122 million
ACBA-CREDIT AGRICOLE BANK and NABU organize training for about 250 people involved in organic agriculture2019-08-14 17:18:32 ACBA-CREDIT AGRICOLE BANK and NABU organize training for about 250 people involved in organic agriculture
Digital transformation in Armenia did not result in banks’ personnel cuts2019-04-10 09:14:50 Digital transformation in Armenia did not result in banks’ personnel cuts
WB: some 48% of adult population of Armenia had bank accounts in 20182019-04-05 20:57:20 WB: some 48% of adult population of Armenia had bank accounts in 2018
KFW regional director says Armenia is an important partner2019-01-31 17:50:14 KFW regional director says Armenia is an important partner

«
»