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Adshinbank joins EBRD’s trade facilitation program

11.01.2016 18:26

YEREVAN, January 11. /ARKA/. On December 30, 2015 Armenian Ardshinbank and the European Bank for Reconstruction and Development (EBRD) signed an agreement whereby Ardshinbank joined the EBRD's Trade Facilitation Program as an Issuing Bank.

As part of the agreement EBRD has provided Ardshinbank with a US $10 million limit to be used for trade finance transactions.

The Bank said participation in the Trade Facilitation Program will enable it to expand the scope of its partnership and business geography through participating confirming banks.

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Tags: Adshinbank, Armenia, EBRD

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