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MEDI PROGRAM AIMED TO CREATE FAVOURABLE ATMOSPHERE FOR MICRO AND SMALL
ENTERPRISES IN ARMENIA
YEREVAN, DECEMBER 11. ARMINFO. The USAID financed Micro Enterprises
Development Initiative project is aimed to create a favourable
atmosphere for micro and small enterprises in Armenia, the director of
the Crimson Capital consulting company Michael Gold said during
today's workshop on micro and small enterprises financing.
He says that Armenia has all necessary mechanisms for micro and small
enterprises financing. The Armenian banks Anelik, Converse and INECO
are already providing loans to such companies. Usually such loans are
issued for short period and in any industry. Gold says that Armenia's
Central Bank has pledged to help the banks providing such credits.
Today's workshop is aimed to introduce the best experience in
crediting through best credit risk assessment mechanisms. It is
expected to promote cooperation between bankers and businessmen and to
contribute to the further development of business in Armenia.
From: Emil Lazarian | Ararat NewsPress
ENTERPRISES IN ARMENIA
YEREVAN, DECEMBER 11. ARMINFO. The USAID financed Micro Enterprises
Development Initiative project is aimed to create a favourable
atmosphere for micro and small enterprises in Armenia, the director of
the Crimson Capital consulting company Michael Gold said during
today's workshop on micro and small enterprises financing.
He says that Armenia has all necessary mechanisms for micro and small
enterprises financing. The Armenian banks Anelik, Converse and INECO
are already providing loans to such companies. Usually such loans are
issued for short period and in any industry. Gold says that Armenia's
Central Bank has pledged to help the banks providing such credits.
Today's workshop is aimed to introduce the best experience in
crediting through best credit risk assessment mechanisms. It is
expected to promote cooperation between bankers and businessmen and to
contribute to the further development of business in Armenia.
From: Emil Lazarian | Ararat NewsPress