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BLACK SEA TRADE AND DEVELOPMENT BANK TO INVEST IN ARMENIA
news.am
June 21 2011
Armenia
Black Sea Trade and Development Bank (BSTDB) signed a credit-contract
on financial development with French Proparco institute to invest ~@20
million for projects' implementation in the region of the Black Sea.
The credit term is allocated for ten years, Finmaket informs. The
money will go for implementing projects in Armenia, Azerbaijan,
Georgia, Moldova, Turkey and Ukraine. The main fields of investment
include microfinance, healthcare, education, tourism, and installment
of energetic sources.
BSTDB was founded by eleven member states: Russia, Greece, Bulgaria,
Ukraine, Romania, Albania, Azerbaijan, Armenia, Georgia, Turkey
and Moldova.
news.am
June 21 2011
Armenia
Black Sea Trade and Development Bank (BSTDB) signed a credit-contract
on financial development with French Proparco institute to invest ~@20
million for projects' implementation in the region of the Black Sea.
The credit term is allocated for ten years, Finmaket informs. The
money will go for implementing projects in Armenia, Azerbaijan,
Georgia, Moldova, Turkey and Ukraine. The main fields of investment
include microfinance, healthcare, education, tourism, and installment
of energetic sources.
BSTDB was founded by eleven member states: Russia, Greece, Bulgaria,
Ukraine, Romania, Albania, Azerbaijan, Armenia, Georgia, Turkey
and Moldova.