Thursday, October 20 2011 18:00

"Bank Anelik" and EBRD arranged on trade financing


Arminfo. "Bank Anelik" and European Bank for Reconstruction and Development (EBRD) signed the credit contract on trade financing. As press-service of the bank reported, the contract signed on 13 October is timeless and has no fixed limit for the credit resources.

Within the frames of the programme, assistance will be shown to the export and import-oriented companies. An individual approach will be shown to every borrower thanks to the competitive and available interest rates.

"This programme with the EBRD is evidence of the trust of the authoritative international structures in "Bank Anelik", - chairman of the "Bank Anelik" Board, Samvel Chzmachyan said. He also added that within the frames of the given programme the financial resources will be granted for holding of the entire cycle for production of the export-oriented products - beginning from purchase of the raw materials and upgrading of equipment up to export. "Such programmes give an opportunity for enhancing of competitive ability of the Armenian producers at the world markets", Chzmachyan said.
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