YEREVAN, December 23, /ARKA/. The Armenian government has given permission today to ratify a loan agreement with the European Bank for Reconstruction and Development (EBRD).

Earlier, EBRD said it was extending a €20 million sovereign loan to Armenia for the benefit of the Yerevan Bus Company to acquire new compressed natural gas buses.

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Armenian government gives permission for ratification of EBRD loan to improve public transport in Yerevan

Tags: Armenia, EBRD, government, LOAN, transport

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VTB Bank (Armenia) said today that individual entrepreneurs and legal entities can now apply for loans up to 200 million drams to develop their businesses.

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on VTB Bank (Armenia) unveils new type of loan for small businesses

Tags: LOAN, small businesses, VTB Bank (Armenia)

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Acba Bank and the European Bank for Reconstruction and Development (EBRD) signed a loan agreement in the amount of $10 million. According to Acba bank press service, the funds provided by the EBRD will be channelled into financing green farms, micro, small and medium-sized businesses in Armenia. The attracted funds will be allocated both in Armenian drams and in US dollars

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Acba bank to lend $10 million EBRD loan to green farms, micro and small enterprises

Tags: ACBA, EBRD, LOAN

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VTB Bank (Armenia) and MEGNA LLC offer customers to purchase Renault cars under unprecedented favorable credit terms

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Tags: cars, LOAN, Megna, Renault, VTB Bank (Armenia)

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The Black Sea Trade and Development Bank (BSTDB) is providing a five-year EUR 23 million loan to Ameriabank to expand access to finance for Armenian small and medium-sized enterprises (SMEs), Ameriabank said today

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Tags: Ameriabank, BSTDB, LOAN

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The Armenian parliament has ratified today a loan agreement with the International Bank for Reconstruction and Development on additional financing within the framework of Social Investments and Local Development program

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on Armenia to receive 17. 9 million euro loan from IBRD

Tags: Armenia, IBRD, LOAN

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The European Bank for Reconstruction and Development (EBRD) is providing a US$ 25 million loan to InecoBank, a longstanding partner bank in Armenia, for extending support to private companies that have been affected by the economic impact of the coronavirus pandemic

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on EBRD provides Inecobank with us$ 25 million loan to expand access to finance for Armenian businesses amid COVID-19 crisis

Tags: COVID 19, EBRD, Inecobank, LOAN

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The International Monetary Fund (IMF) said last week that around $280 million will be available in financial assistance for Armenia immediately after its Board meeting, Deputy Economy Minister Avag Avanesyan told a news conference today

Categories: 121, 144, Banks @en, Economy @en, General news, News, News of the hour | Comments Off on IMF to provide Armenia with $280 million loan

Tags: Armenia, IMF, LOAN

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Ardshinbank has received the fifth facility from the Black Sea Trade and Development Bank (BSTDB) in the amount of USD 20 million to support small and medium-sized enterprises (SMEs) in Armenia

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Tags: AGREEMENT, Ardshinbank, BSTDB, LOAN

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FMO, the Dutch Development Bank, has provided USD 10 million to Araratbank, the press office of the Armenian bank reports. According to the bank’s press release, the financial means will be lent for implementation of SME development programs as well as energy-saving and so called green business programs

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Araratbank attracts $10-million loan from Dutch Development Bank FMO

Tags: Araratbank, Dutch Development Bank, LOAN

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