All news related to Development

ADB to disburse first $50 million tranche to finance sustainable urban development project

14.04.2011 17:39

ADB to disburse first $50 million tranche to finance sustainable urban development project

YEREVAN, April 14. / ARKA /. Areg Barseghian, head of the Asian Development Bank (ADB) office in Armenia, said today the Manila-based bank will disburse the first trance to the tune of $50 million to finance ‘Armenia: Sustainable Urban Development’ investment program.

Speaking to local journalists he said talks to that end had been completed and the tranche is expected to be approved by ADB Board on April 19.

Barseghian said the program had been discussed in detail with the Armenian government in 2010 December. He said the funds will be directed at developing Armenia’s small towns. The cost of the program is $400 million.

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Black Sea Trade and Development Bank plans to provide credits to five Armenian banks in the amount of 4-8 million Euro

24.03.2011 17:13

Black Sea Trade and Development Bank plans to provide credits to five Armenian banks in the amount of 4-8 million Euro

Black Sea Bank of Trade and Development discusses the opportunity of crediting five Armenian banks in the amount of 4-8 million EURO.

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Portfolio of Black Sea Trade and Development Bank can be 101 million Euro in 2014

24.03.2011 17:09

Portfolio of Black Sea Trade and Development Bank can be 101 million Euro in 2014

During the next four years the portfolio of Black Sea Bank of Trade and Development in Armenia can be doubled, President of the Bank Andrey Kondakov informed.

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Expert: currency trading has room for development in Armenia

26.11.2010 12:52

Expert: currency trading has room for development in Armenia

Armenia’s currency trading market has room for development, FOREX CLUB Group analyst Mikael Verdyan said.

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Armenia’s Central Bank determined to further stimulate development of electronic financial services: CB chairman

18.10.2010 16:06

Armenia’s Central Bank determined to further stimulate development of electronic financial services: CB chairman

Armenia’s Central Bank determined to further stimulate development of electronic financial services: CB chairman

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HSBC opens up the doors for talent development in Armenia

30.07.2010 17:18

HSBC opens up the doors for talent development in Armenia

HSBC opens up the doors for talent development in Armenia

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Eurasian Development Bank to open office in Armenia

15.03.2010 19:10

Eurasian Development Bank to open office in Armenia

Armenian government welcomes Eurasian Development Bank’s intention to open its office in Armenia.

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Minister: Armenia expects $60 million from Asian Development Bank for recovering rural roads

12.11.2009 12:19

Minister: Armenia expects $60 million from Asian Development Bank for recovering rural roads

Armenia expects $60 million from Asian Development Bank for recovering rural roads, Transport and Communication Minister Gurgen Sargsyan said on Wednesday.

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