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EDB predicts rather high level growth for Armenia this year

12.11.2018 18:26

EDB predicts rather high level growth for Armenia this year

YEREVAN, November 12. /ARKA/. Armenia’s economic growth will continue to slow down, but will remain at a rather high level of 5.9% at the end of the year, according to the latest macroeconomic review, prepared by the Eurasian Development Bank (EDB).

The bank recalls that in September Armenia’s economic activity dropped by 0.1% y / y (in January-September, the increase was 6.6% y / y).

"Until the end of 2018, GDP growth rate in Armenia is likely to remain lower than in the first half of the year. Nevertheless, we predict a 5.9% growth from the previous year," according to the review.

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EDB chairman praises Armenia’s banking sector

07.09.2018 09:15

EDB chairman praises Armenia’s banking sector

The banking system of Armenia is in excellent condition, Eurasian Development Bank (EDB) board chairman Andrei Belyaninov said at a Eurasian Media Congress in Almaty, Kazakhstan, on Thursday

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EDB granted status of participant in NASDAQ OMX Armenia foreign exchange and government bond markets

24.08.2018 13:24

EDB granted status of participant in NASDAQ OMX Armenia foreign exchange and government bond markets

The Eurasian Development Bank (EDB) has been granted the status of a participant in the Nasdaq OMX Armenia foreign exchange and government bond markets

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Eurasian Development Bank ready to expand operations in Armenia

16.08.2018 12:02

Eurasian Development Bank ready to expand operations in Armenia

Armenia’s Prime Minister Nikol Pashinyan received today the Chairman of the Board of the Eurasian Development Bank (EDB) Andrei Belyaninov, the government press office said

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Eurasian development bank and Armenian Araratbank sign $6 million loan agreement

11.07.2018 17:33

Eurasian development bank and Armenian Araratbank sign $6 million loan agreement

The Yerevan-based Araratbank and the Eurasian Development Bank (EDB) signed a $6 million loan agreement today. The loan will be on-lent as micro loans to small and medium-sized businesses in Armenia

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Armenia submits 28 applications to EDB for us $43.0 million worth grants

26.01.2018 18:50

Armenia submits 28  applications to EDB for  us $43.0 million worth grants

The Eurasian Development Bank (EDB), as the Resources Manager of the Eurasian Fund for Stabilization and Development (EFSD), has announced the results of a call for applications for the second EFSD grant competition for social projects

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Twelve-month inflation in 2017 to be 1.3 percent

20.11.2017 17:17

Twelve-month inflation in 2017 to be 1.3 percent

The 12-month inflation in Armenia by the end of 2017 will be 1.3%, according to the quarterly macroeconomic review, prepared by the Eurasian Development Bank (EDB)

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EDB provides $20-million renewable credit line to Armenia’s Ardshinbank for trade financing

28.06.2017 22:20

EDB provides $20-million renewable credit line to Armenia’s Ardshinbank for trade financing

The Eurasian Development Bank has provided a $20-million renewable credit line to Armenia’s Ardshinbank CJSC for trade financing

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Dmitry Pankin: IFIS are important players in PPP syndicates

26.05.2017 16:38

Dmitry Pankin: IFIS are important players in PPP syndicates

“A key to the success of major infrastructure projects is cooperation between public and private capital with efficient risk distribution among investors

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Eurasian Development Bank: 72% of total direct foreign investments in Armenia come from Russia

13.12.2016 15:30

Eurasian Development Bank: 72% of total direct foreign investments in Armenia come from Russia

Armenia’s investment cooperation with its Eurasian Economic Union fellow member countries comes exactly to inflow of Russian capital, Sergey Ignatov, head of the Eurasian Development Bank’s office in Yerevan, said Monday at the National Assembly

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