YEREVAN, September 6. /ARKA/. Armenia’s Deputy Prime Minister Suren Papikyan and the Chairman of the Executive Board of the Eurasian Development Bank (EDB) Nikolai Podguzov agreed today that the partnership between the Armenian government and the EDB is a good basis for the successful implementation of joint projects in future.

Podguzov, who is heading an EDB delegation that has arrived in Armenia to look into ways to boost partnership with the government of Armenia, added that the EDB is considering opportunities to increase its Armenian portfolio in the next 5 years.

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The Council of the Eurasian Development Bank (EDB) chaired by Askar Mamin, Prime Minister of Kazakhstan, approved the EDB’s Strategy for 2022–2026. The participants in the meeting were the representative plenipotentiary of the Bank’s shareholders, including Mher Grigoryan, Deputy Prime Minister, Armenia; Yuri Seliverstov, Minister of Finance, Belarus; Alikhan Smailov, First Deputy Prime Minister, Kazakhstan; Akylbek Japarov, Deputy Prime Minister and Minister of Economy and Finance, Kyrgyz Republic; Anton Siluanov, Minister of Finance, Russia; and Yusuf Majidi, Deputy Minister of Finance, Tajikistan

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Armenia’s Prime Minister Nikol Pashinyan had a video conversation with the President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso on Friday, the press service of the government reported

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The European Bank for Reconstruction and Development (EBRD) responded to the Covid-19 pandemic in Armenia in 2020 with record investment of €167 million for projects in energy, banking and transport and through trade finance support, the Bank said in a press release today. The Bank helped to address the immediate and longer-term needs of the country’s economy

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Armenia’s investment climate, according to the latest Doing Business 2019 report, is satisfactory, said Andrey Shirokov, the Executive Director of the Project Unit at the Eurasian Fund for Stabilization and Development (EFSD)

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There is a small, but organized Diaspora in Singapore the representatives of which successfully operate in different areas, including technological. Singapore’s Temasek Holdings Foundation Co-cohair Nagi Hamiyeh said Monday as he met with Armenian Prime Minster Nikol Pashinyan, who is in Singapore now for an official visit, the press office of the Armenian government reports

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VTB Bank (Armenia) was the general sponsor of the My Step for Lori Marz investment forum in Vanadzor on February 23

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Gazelle Finance, a U.S. investment fund manager, has launched investment operations in Armenia targeting investments in high growth small and medium enterprises

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VTB Bank (Armenia) took part in an exhibition titled “Banks, Investment and Credit Organizations of Armenia” organized by THE Nur Expo company with the support of the Yerevan Municipality. The two-day exhibition started on Thursday in the premises of the Yerevan History Museum

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Armenian business people prefer bank deposits to investment in the real economy, Artak Manukyan, an economist, told reporters on Monday

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