IBEC provides of €3.5 million to Ardshinbank as pre-export financing | ArmBanks.am

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IBEC provides of €3.5 million to Ardshinbank as pre-export financing

25.10.2019 18:51

YEREVAN, October 25. /ARKA/. For the first time, Ardshinbank has implemented a trade finance deal with the International Bank for Economic Cooperation (IBEC) under the General Financing Agreement signed in September 2019, the press office of Ardshinbank reported on Friday.

IBEC provided pre-export financing to Ardshinbank in the amount of 3.5 million euros for a period of up to six months for lending to the export of agricultural products to Russia.

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Tags: Ardshinbank, financing, IBEC

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