Araratbank attracts $10 million loan from German DEG | ArmBanks.am

Thursday, April 25/2024

|

|

ru am en

2023-11-01 17:31:11Armenia's financial indicators remain sound, registering marginal changes in capital adequacy and profitability –World Bank

2023-08-29 11:28:37Russian Central Bank registers new Kwikpay int'l remittance system

2023-08-15 12:09:17Armenia works on bringing Pay Pal to the country- Deputy Minister

- rss
- Archive

All news related to German DEG

Araratbank attracts $10 million loan from German DEG

12.01.2018 18:47

Araratbank attracts $10 million loan from German DEG

YEREVAN, January 12. /ARKA/. Armenia-based Araratbank said today it has signed a $10 million loan agreement with German Deutsche Investitions und Entwicklungsgesellschaft mbH.

According to a press release, placed on Araratbank’s official website, this is the second loan agreement signed with the German lending organization. The new loan will be used to provide long-term financial resources to local small and medium-sized companies.

The bank also said that $1 million of the loan will be channeled into German companies operating in Armenia.

Views: 0

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on Araratbank attracts $10 million loan from German DEG

Tags: Araratbank, Armenia, German DEG

Popular this week

1

18.04.2024 18:51

Central Bank of Armenia leaves anti-cyclical capital buffer unchanged

2

19.04.2024 15:33

Net money transfers in Armenia dropped by 63.3 percent (yoy) in February

3

17.04.2024 14:24

Acba Leasing partners with Giacomo company to help establish production of solar water heaters in Armenia (VIDEO)

4

19.04.2024 15:35

Prices in Armenia declined in March by 1.2 percent (yoy)

5

18.04.2024 14:00

Central Bank or Armenian government did not dream of banning Mir cards in Armenia" - MP

Postroll

25.04.2024

25.04.2024 11:56 Fitch forecasts a boom in Eurobond issuance in Armenia and other CIS countries in 2024-2025.

23.04.2024 22:06 VTB (Armenia) renews line of deposits for clients

23.04.2024 15:01 EBRD Annual Meeting to be held in Yerevan

22.04.2024 23:38 Ranking of Armenian banks by size of loan portfolio for the first quarter of 2024

22.04.2024 16:19 Armenian banks' net profit in the first quarter of 2024 amounted to AMD 83.1 bln

19.04.2024 15:35 Prices in Armenia declined in March by 1.2 percent (yoy)

19.04.2024 15:33 Net money transfers in Armenia dropped by 63.3 percent (yoy) in February

18.04.2024 18:51 Central Bank of Armenia leaves anti-cyclical capital buffer unchanged

18.04.2024 14:00 Central Bank or Armenian government did not dream of banning Mir cards in Armenia" - MP

17.04.2024 14:24 Acba Leasing partners with Giacomo company to help establish production of solar water heaters in Armenia (VIDEO)

All rights reserved

ARKA News Agency

© 1996-2024 ARKA News Agency. All rights reserved

- Add to favorites

Multilingual WordPress with WPML

The materials on this site may not be reproduced or used, in whole or in part, without the prior written permission of the copyright owner ARKA LLC information news agency. Hyperlinks to the ARKA website (armbanks.am) are obligatory. They should be direct, active, non-cryptic and not closed from indexing. The opinion of the authors of materials on the site may not necessarily coincide with those of the editorial staff.