YEREVAN, December 3, /ARKA/. The European Bank for Reconstruction and Development (EBRD) and Amundi-ACBA Asset Management  are joining forces to facilitate access to local currency funding and strengthen the local capital market in Armenia.

The parties signed a 2002 ISDA® Master Agreement, published by the International Swaps and Derivatives Association (ISDA®), including a 1995 Credit Support Annex thereto which allows them to engage in over the counter currency swap transactions in the future. The 2002 ISDA® Master Agreement serves as a framework setting out the legal and credit terms for the parties that apply to all derivatives transactions that those parties will enter into in the future. The1995 Credit Support Annex sets out the terms of the collateralisation of such derivatives transactions between the same parties.

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Tags: AGREEMENT, Amundi ACBA, EBRD

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AraratBank and BlueOrchard Covid-19 Emerging and Frontier Markets MSME Support Fund concluded a bilateral loan agreement for a total amount of USD 5 million to support MSMEs affected by COVID-19 in Armenia, the bank’s press service said in a press release today

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Tags: AGREEMENT, Araratbank, Armenia

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The Armenia Securities Exchange (AMX) and the Cbonds agency have signed a cooperation agreement which enables AMX to place quotes and detailed information on the securities and bonds traded currently on its platform, also on the Premium Cbonds website

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Tags: AGREEMENT, AMX, Cbonds, cooperation

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Armenia’s National Assembly has discussed today the ratification of the protocol on accession to the Agreement of December 23, 2014 on the exchange of information in the financial sector, including confidential information, to create conditions for ensuring the free movement of capital in financial markets of the Eurasian Economic Union (EEU) member states

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Tags: AGREEMENT, Armenia, confidential information, EEU, Finance

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The Asian Development Bank (ADB) and the Armenian Armeconombank OJSC signed a $15 million loan agreement to increase lending to micro, small and medium-sized businesses owned by women in Armenia, especially in regions outside Yerevan

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Tags: ADB, AGREEMENT, ARMECONOMBANK, enterprises, support, women-led

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An International Monetary Fund (IMF) team led by Nathan Porter conducted discussions on the second review of Armenia’s reform program supported by the IMF Stand-By Arrangement (SBA) during March 12-April 8, 2020. At the conclusion of the mission, Mr. Porter issued the following statement:

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Tags: AGREEMENT, Armenia, financial support, IMF

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Ardshinbank has received the fifth facility from the Black Sea Trade and Development Bank (BSTDB) in the amount of USD 20 million to support small and medium-sized enterprises (SMEs) in Armenia

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Tags: AGREEMENT, Ardshinbank, BSTDB, LOAN

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The Black Sea Trade & Development Bank has signed a USD 10-million loan agreement with Armeconombank

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Tags: AGREEMENT, ARMECONOMBANK, BSTDB, LOAN

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The Eurasian Economic Commission (EEC), the executive body of the Russia-led Eurasian Economic Union (EEU) will have prepared a draft agreement on the mutual recognition of bank guarantees for public procurement before July 1, 2020, the Eurasian Development Bank (EDB) reported

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The European Investment Bank (EIB) and the Armenian Central Bank signed a 50 million euro agreement October 22 for financing small and medium businesses, the Central Bank said

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Tags: AGREEMENT, Armenia, Central Bank, EIB

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