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CAUCASUS DEVELOPMENT BANK TO FINANCE PROJECTS IN ARMENIA
news.am
April 27, 2012 | 14:59
YEREVAN. - By initially allocating US$ 40 million, several
international finance organizations have founded the Caucasus
Development Bank. Valeriu Razlog, Head of the Yerevan Office of the
European Bank for Reconstruction and Development (EBRD), stated this
during a press conference on Friday.
The EBRD, International Finance Corporation (IFC), Netherlands
Development Finance Company (FMO), and Black Sea Trade and Development
Bank (BSTDB) have invested in the Caucasus Development Bank.
The Bank's Armenia branch will operate in cooperation with the United
States Agency for International Development (USAID).
In his turn, Dutch Ambassador Peter Ian Langenberg noted that Armenia
has developing companies plus those that are full of prospect.
news.am
April 27, 2012 | 14:59
YEREVAN. - By initially allocating US$ 40 million, several
international finance organizations have founded the Caucasus
Development Bank. Valeriu Razlog, Head of the Yerevan Office of the
European Bank for Reconstruction and Development (EBRD), stated this
during a press conference on Friday.
The EBRD, International Finance Corporation (IFC), Netherlands
Development Finance Company (FMO), and Black Sea Trade and Development
Bank (BSTDB) have invested in the Caucasus Development Bank.
The Bank's Armenia branch will operate in cooperation with the United
States Agency for International Development (USAID).
In his turn, Dutch Ambassador Peter Ian Langenberg noted that Armenia
has developing companies plus those that are full of prospect.