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Central bank head and BSTDB president discussed status of projects in Armenia

28.11.2018 13:26

Central bank head  and BSTDB president discussed status of projects in Armenia

YEREVAN, November 28. /ARKA/. The Chairman of the Central Bank of Armenia Artur Javadyan and the President of the Black Sea Trade and Development Bank (BSTDB) Dmitry Pankin had a meeting today in Yerevan to discuss the status of a set of BSTDB-financed projects in Armenia, as well as ways to expand cooperation.

Earlier, in an interview with ARKA news agency, Pankin said the purpose of his visit to Armenia was to discuss with the country's leadership the Bank’s new strategy and to determine medium-term priorities. He said also that his main proposal to the bank’s shareholders is to increase the number of infrastructure projects in the bank’s project portfolio.

He said also that currently, the amount of projects signed with Armenia was estimated approximately at 130 million euros. About 83 million euros have already been released. ‘This is a lot given that Armenia accounts for about 6.5% in the loan portfolio of the Bank, while its share in the shareholder structure is only 0.5%.,’ he said. As of October 31, 2018, BSTDB’s investments in Armenia were worth 226.6 million euros.

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Head of Armenian central bank off to Greece for BSTDB meeting

22.02.2018 18:34

Head of Armenian central bank off to Greece for BSTDB meeting

The chairman of the Central Bank of Armenia Artur Javadyan has left for Thessaloniki (Greece) to participate in the 12th annual meeting of top managers of the Black Sea Trade and Development Bank (BSTDB)

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Proceeds from placement of BSTDB bonds to be used for enhancing Armenian economy

30.06.2017 10:41

Proceeds from placement of BSTDB bonds to be used for enhancing Armenian economy

The proceeds from the placement of AMD-denominated nominal coupon bonds (BSTBB1) issued by Black Sea Trade and Development Bank at NASDAQ OMX Armenia

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Head of Armenia’s Central Bank meets with president of Black Sea Trade and Development Bank

05.11.2014 14:52

Head of Armenia’s Central Bank meets with president of Black Sea Trade and Development Bank

The chairman of the Central Bank of Armenia (CBA) Artur Javadyan discussed current projects and future prospects for bilateral cooperation with the president of the Black Sear Trade and Development Bank (BSTDB) Ihsan Ugur Delikanli in Yerevan on Tuesday

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BSTDB is providing a USD 10 million loan to Armenian Ardshininvestbank

04.11.2014 19:34

BSTDB is providing a USD 10 million loan to Armenian Ardshininvestbank

The Black Sea Trade and Development Bank (BSTDB) is providing a USD 10 million loan to Ardshininvestbank (ASHIB), a leading bank in Armenia, to facilitate financing of Armenian small- and medium-sized enterprises (SMEs)

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Armenian Central Bank head off to Greece for BSTDB session

14.02.2014 16:13

Armenian Central Bank head off to Greece for BSTDB session

The chairman of Armenia’s Central Bank, Arthur Javadyan and head of financial system development and stability department Andranik Grigoryan have left for nThessaloniki (Greece)

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Armenian Inecobank signs $5 million loan agreement with BSTDB

19.09.2013 15:16

Armenian Inecobank signs $5 million loan agreement with BSTDB

Armenian Inecobank said it has signed a five million USD loan agreement with the Black Sea Trade and Development Bank (BSTDB). These funds will be used to finance small and medium enterprises, ‘which is a strategic direction for Inecoban,’it said in a statement

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IFC and BSTDB finance armenian fruit juice producer to support job creation

24.05.2013 20:40

IFC and BSTDB finance armenian fruit juice producer to support job creation

The International Financial Corporation (IFC) , a member of the World Bank Group, and the Black Sea Trade and Development Bank (BSTDB) will support a leading producer of fruit juice in Armenia, benefitting the rural community by creating jobs, boosting agriculture, and increasing exports. A relevant agreemnt wa ssigned today in Yerevan

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Araratbank gets $7mln in loan from BSTDB

18.04.2013 12:16

Araratbank gets $7mln in loan from BSTDB

Armenia’s Araratbank and Black Sea Trade and Development Bank (BSTDB) signed a loan agreement worth $7 million, the press office of Araratbank told ARKA Agency

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BSTDB president commends Armenian authorities for improving investment climate

27.06.2012 15:17

BSTDB president commends Armenian authorities for improving investment climate

Black Sea Trade and Development Bank (BSTDB) president Andrei Kondakov, praised Armenian authorities for ‘significant improvement of investment climate over the past ten years

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