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A Bank With German Capital Being Founded In Armenia

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  • A Bank With German Capital Being Founded In Armenia

    A BANK WITH GERMAN CAPITAL BEING FOUNDED IN ARMENIA

    Noyan Tapan
    Jul 03 2007

    YEREVAN, JULY 3, NOYAN TAPAN. The CBA Board on July 3 preliminarily
    approved the bank activity licensing of the ProKredit Bank CJSC
    in Armenia.

    According to the report provided to Noyan Tapan by the CBA Press
    Service, the ProKredit Bank CJSC's three founders, the ProKredit
    Holding AG and the Development Bank (KfW-Kreditenschaft fur
    Wiederaufbau), as well as the European Bank for Reconstruction and
    Development (EBRD) have applied to the Central Bank of Armenia with
    the mediation to found ProKredit Bank CJSC.

    From: Emil Lazarian | Ararat NewsPress
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