Tuesday, June 8 2010 16:15

ArmInfo. On June 9 the International Finance Corporation (IFC) will hold a seminar at Ardshininvestbank for the
latter's employees and small and medium business clients. The press service of Ardshininvestbank told ArmInfo that the seminar will be held within the frames of Global Trade Finance Program.

According to the source, the seminar will be aimed at revealing the clients' needs in trade financing tools, which are necessary for international business conduct, as well as at revealing the possible risks in international business and ways of their minimization.

In course of the seminar, Ardshininvestbank employees will be told about the opportunities to increase their share in the market by means of cross sales. The seminar will also cover the approaches to intensification of stable cooperation with the clients, and the directions to raise the significance of cooperation with correspondent banks. The second part of the seminar will provide the full information about various tools of trade financing, including the methods of their price formation, to the current and potential clients of Ardshininvestbank.

Chairman of Ardshininvestbank Board Nerses Karamanukyan said that the consultations of experienced specialists of well-known foreign finance organizations will help both the employees of the bank and its clients to avoid undesirable risks, consolidate the reliability of business partnership with foreign companies.

To note, IFC is one of the shareholders of Ardshininvestbank (with 10% participation in the capital). At present Ardshininvestbank has 55 branches, of them 13 in Yerevan, 36 in the regions of Armenia, and 6 in Nagorno-Karabakh. The bank also has a representative office in Paris.