Central bank chairman off to Germany to discuss creation of KfW lab in Armenia

22.04.2019 18:09
Central bank chairman off to Germany to discuss creation of KfW lab in Armenia

YEREVAN, April 22. / ARKA /. The chairman of the Central Bank of Armenia Artur Javadyan has left for Germany’s Frankfurt to participate in a meeting of the supervisory board of the German-Armenian Foundation that oversees projects, implemented in Armenia with the financial support of German KfW Bank.

The Central Bank said the meeting will discuss the ongoing projects, as well as the possibility of implementing new projects in such areas as renewable energy, mortgage lending, SMEs and trade finance.

Javadyan will discuss also the terms of a contract to be signed for financing of the already approved new agricultural projects.

A visit to the Financial Technologies Lab of KfW Bank is scheduled to discuss the possibilities of creating such a laboratory in Armenia. -0-


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