YEREVAN, December 1. /ARKA/. VTB (Armenia) has unveiled today a special project it has designed for entrepreneurs who can apply for loans in US dollars and euros with interest rates of 8.5% and 6.5% respectively.

The bank said small businesses  operating in wholesale and retail trade, manufacturing, construction, services and other industries can apply. The borrowed funds can be channeled into investment projects, purchase of goods and raw materials, repayment of debts to contractors.

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Tags: entrepreneurs, VTB (Armenia)

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FMO and AraratBank today announce the signing of a USD 10mln NASIRA loan portfolio guarantee. This innovative risk sharing program will make it easier for AraratBank to provide funding to youth, migrant, women and COVID-19 affected entrepreneurs, as losses on the loan portfolio will be carried by both parties

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Tags: Araratbank, entrepreneurs, FMO, funding

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The World Bank Group, in partnership with the United Kingdom’s Good Governance Fund, is launching a new advisory program in Armenia to help the government implement reforms, attract foreign direct investment (FDI), and foster female entrepreneurship to spur business growth and job creation, International Financial Corporation (IFC) reported

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on IFC to help attract investments and empower women entrepreneurs in Armenia

Tags: Armenia, entrepreneurs, IFC, INVESTMENTS, women

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Armenia’s banks consider small and medium entrepreneurs as top-priority borrowers, Tigran Jrbashyan, development director of Ameria Group, told journalists on Tuesday at the presentation of the study on small and medium entrepreneurship in Armenia

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Tags: Armenia, Banks, entrepreneurs

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1,294 commercial organizations and 5,545 individual entrepreneurs registered in Armenia in Jan-June 2010

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Tags: Armenia, entrepreneurs, REGISTERED

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Armenian entrepreneurs are becoming more optimistic about availability of loans in 2010, Grant Thornton International says in its 2010 International Business Report sent to ARKA News agency by Grant Thornton Amyot, audit and consulting company.

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Tags: Armenia, entrepreneurs, THORNTON

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