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Armeconombank Invests USD 7 Million In EBRD Co-Financing Program

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  • Armeconombank Invests USD 7 Million In EBRD Co-Financing Program

    ARMECONOMBANK INVESTS USD 7 MILLION IN EBRD CO-FINANCING PROGRAM

    PanARMENIAN.Net
    24.11.2009 16:50 GMT+04:00

    /PanARMENIAN.Net/ Armeconombank has already invested USD 7 million in
    EBRD (European Bank of Reconstruction and Development) Co-financing
    Program, the bank's press service reported.

    Within EBRD Co-financing Program framework, Armeconombank continues
    active long - and medium-term financing of trade and manufacturing
    projects, offering USD 400 000 -1.2 million credits with up to 5 years'
    maturity period, at the interest rate of 12%.
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