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ADB endorses new 5-year country strategy to support economic diversification, inclusiveness in Armenia

26.11.2019 17:50

ADB endorses new 5-year country strategy to support economic diversification, inclusiveness in Armenia

YEREVAN, November 26. /ARKA/. The Asian Development Bank (ADB) said today it has endorsed a new 5-year country partnership strategy for Armenia focused on increasing economic diversification and ensuring that economic growth benefits all Armenians.

It said in a press release that Armenia became an upper middle-income country in 2018, but the country faces several development challenges including the economy’s heavy dependence on commodities, persistent poverty, and women’s labor force participation that is below 50%.

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UnionPay partners ACBA- CREDIT AGRICOLE BANK to support card acceptance in Armenia

17.10.2019 15:05

UnionPay partners ACBA- CREDIT AGRICOLE BANK to support card acceptance in Armenia

UnionPay International (UPI), a wholly-owned subsidiary of Chinese payment firm UnionPay, has partnered with ACBA- CREDIT AGRICOLE BANK to enable card acceptance in Armenia for the first time

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Unibank’s unsecured loans – support for business at the right time

23.09.2019 17:58

Unibank’s unsecured loans – support for business at the right time

In the first half of 2019, Unibank directed more than AMD 15,5 billion in support for business. The popularity of business loans among entrepreneurs is conditioned by the accessibility of credit funds and the possibility of fast financing, the bank said in a news release. It said representatives of small and medium-sized enterprises get apply for an unsecured loan of up to AMD 5 million with a simplified procedure

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Stepan Gishyan Charitable Foundation provides support to children with disabilities and their parents (VIDEO)

13.06.2019 17:15

Stepan Gishyan Charitable Foundation provides support to children with disabilities and their parents (VIDEO)

Thanks to the support provided by ACBA-CREDIT Agricole Bank’s Stepan Gishyan Charitable Foundation, Source Foundation, which supports children with disabilities, has added machinery to the sewing and timber workshop operating under its patronage, the bank’s press office reports

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Argentine Center opens in Yerevan with support of Converse Bank

19.12.2018 17:28

Argentine Center opens in Yerevan with support of Converse Bank

The opening ceremony of the Argentine Center was held at Yerevan State University of Languages and Social Sciences after Valery Brusov, Converse Bank reported

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EBRD receives €87 million from GCF to support to support climate-focused urban development in Armenia, Georgia and other countries

23.10.2018 17:40

EBRD receives €87 million from GCF to support to support climate-focused urban development in Armenia, Georgia and other countries

The EBRD said it has received a €87 million contribution approved by the Green Climate Fund’s (GCF) Board. The funding will support the EBRD’s Green Cities Facility

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‘Yerevan Marathon’ run takes place in Yerevan under Converse Bank’s support

23.10.2018 16:55

‘Yerevan Marathon’ run takes place in Yerevan under Converse Bank’s support

The run ‘Yerevan Marathon’ took place in Yerevan on October 21 as part of the celebration of the capital city’s 2800th anniversary thanks to Converse Bank, the bank’s press office reports

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WB ready to support government programs and economy development in Armenia

17.07.2018 19:17

WB ready to support government programs and economy development in Armenia

Armenian Prime Minister Nikol Pashinyan received yesterday a delegation headed by Deborah Wetzel, Senior Director, Governance Global Practice, at the World Bank, the press office of the prime minister reports

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ACBA-CREDIT AGRICOLE BANK supporting formation of new scheme for developing Armenia’s communities

23.03.2018 17:23

ACBA-CREDIT AGRICOLE BANK supporting formation of new scheme for developing Armenia’s communities

ACBA-CREDIT AGRICOLE BANK, at the event “The New Scheme of Communities’ Development” organized by it, has announced the launch of the program of financing the development of community infrastructures for enhancing energy efficiency

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European Investment Bank to continue supporting Armenian economy

28.07.2017 13:37

European Investment Bank to continue supporting Armenian economy

The European Investment Bank will continue supporting Armenia’s economy

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