All news related to EBRD

EBRD engages in reverse repo transaction with ArmSwissbank

03.04.2018 18:37

EBRD engages in reverse repo transaction with ArmSwissbank

YEREVAN, April 3, /ARKA/. The European Bank for Reconstruction and Development (EBRD) has engaged in its first reverse repo transaction in Armenia with Armswissbank, one of the leading banks in the country. To support the transaction, the EBRD is lending up to 2.3 billion Armenian dram to Armswissbank for one year against US dollar Eurobonds issued by the government, EBRD said in a press release.

It said the transaction was guaranteed by Frontclear, a leading money markets development company funded by European governments and development finance institutions. This is the first transaction with Frontclear in Armenia.
Established in 2004, Armswissbank is a dynamically growing financial institution, operating as a private, corporate and investment bank, with a strong emphasis on brokerage services and liquidity management for Armenia’s financial sector.

The execution of this repurchase agreement is a milestone for the EBRD’s ongoing efforts to develop the Armenian dram and the local capital markets.

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ACBA-CREDIT AGRICOLE BANK holds "Women in Business" event

12.02.2018 14:31

ACBA-CREDIT AGRICOLE BANK holds

The Yerevan-based ACBA-CREDIT AGRICOLE BANK together with the European Bank for Reconstruction and Development (EBRD) held an event on the topic “Women in Business”

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EBRD is providing two loans to Armenian Araratbank

05.09.2017 12:48

EBRD is providing two loans to Armenian Araratbank

The EBRD said September 4 it is providing two local currency loans for the equivalent in Armenian dram of US$ 10 million to Araratbank, one of the leading banks in Armenia and a long-standing EBRD partner

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EBRD-managed fund to provide grant for construction of eu-compliant facility

30.06.2017 22:27

EBRD-managed fund to provide grant for construction of eu-compliant facility

Supporting Armenia’s effort to become greener, the E5P fund is co-financing the construction of a new landfill for solid waste for the Gegharkunik and Kotayk regions with a €2 million grant

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Armenia backs Russia’s position in dispute with EBRD

15.05.2017 17:23

Armenia backs Russia’s position in dispute with EBRD

Armenia, Belarus, Kyrgyzstan and Mongolia voted for Russia during a voting of shareholders of the European Bank for Reconstruction and Development (EBRD), Russian RBC reported

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EBRD and Armenian central bank to strengthen local capital market

23.03.2017 18:58

EBRD and Armenian central bank to strengthen local capital market

The European Bank for Reconstruction and Development (EBRD) and the Central Bank of Armenia (CBA) are hosting a conference in Yerevan today to discuss strengthening the local capital market and increasing local currency lending, EBRD said today in a press release

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EBRD, European Union, and Sweden help to promote Armenian women’s participation in business

07.03.2017 18:53

EBRD, European Union, and Sweden help to promote Armenian women’s participation in business

Speaking at the official launch of Women in Business program, designed by the European Bank for Reconstruction and Development (EBRD) to support women-led small and medium-sized enterprises (SMEs) in several former Soviet republics

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Armenian banks to provide 16 million euros worth loans to women entrepreneurs as part of EBRD's women in business program

07.03.2017 18:51

Armenian banks to provide 16 million euros worth loans to women entrepreneurs as part of EBRD's women in business program

Armenian banks will provide 16 million euros worth loans to women entrepreneurs as part of EBRD’s Women in Business program

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Araratbank doesn’t seek to increase participation of EBRD in its shareholding structure

22.12.2016 15:11

Araratbank doesn’t seek to increase participation of EBRD in its shareholding structure

Araratbank doesn’t seek to increase the participation of the European Bank for Reconstruction and Development in its shareholding structure, Ashot Osipayn, Araratbank executive director, said at a news conference on Wednesday

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EBRD extends $8-million loan in drams to Armenia’s ACBA-CREDIT AGRICOLE BANK

16.12.2016 13:04

EBRD extends $8-million loan in drams to Armenia’s ACBA-CREDIT AGRICOLE BANK

The European Bank for Reconstruction and Development (EBRD) is providing a local currency loan in Armenian drams equivalent to US$ 8 million through a local currency financing facility to ACBA-CREDIT AGRICOLE BANK (ACBA), the EBRD press office reported on Thursday

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