EBRD Provides Credit In The Amount Of $3 Million To “Bank Anelik” For Energy Saving Crediting Program | ArmBanks.am

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EBRD Provides Credit In The Amount Of $3 Million To “Bank Anelik” For Energy Saving Crediting Program

18.10.2010 22:19

EBRD Provides Credit In The Amount Of $3 Million To “Bank Anelik” For Energy Saving Crediting Program

YEREVAN, October 18. /ARKA/. On Monday, European Bank of Reconstruction and Development (EBRD) and Armenian “Bank Anelik” signed new credit agreement in the amount of $3 million (about 1.08 billion drams) on funding of energy saving sphere.

Credit is provided to the Bank for 5 years. The Bank will provide credits from October 19, 2010.

Head of Board of “Bank Anelik” Samvel Chzmachyan said that during the twenty years of the Bank’s activity it has always participated in the programs which allow industrial enterprises and businessmen to become more competitive.

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Categories: Banks @en, Economy @en, General news, News, News of the hour | Comments Off on EBRD Provides Credit In The Amount Of $3 Million To “Bank Anelik” For Energy Saving Crediting Program

Tags: AGREEMENT, Armenia, Bank Anelik, Credit, EBRD, erergy

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