Wednesday, May 25 2016 11:21
Alexandr Avanesov

EDB to increase investment portfolio for joint projects of Russia, Kazakhstan, Belarus, Armenia, Kyrgyzstan and Tajikistan

EDB to increase investment portfolio for joint projects of Russia, Kazakhstan, Belarus, Armenia, Kyrgyzstan and Tajikistan

ArmInfo. By 2017, the Eurasian Development Bank will increase its investment portfolio to $3.3 bln.  Almost half of the portfolio will fall on the joint integration projects of Russia, Kazakhstan, Belarus, Armenia, Kyrgyzstan and Tajikistan, which are the members of the Bank, RG.RU reports. 

This is envisaged by the Bank’s updated strategy approved at the meeting of the Bank’s Council in Astana. The Bank intends to focus on supporting projects in energy, machine building, chemical, mining and oil and gas industry, as well as infrastructures. The current portfolio is $2.2 bln invested in 62 projects in the 6 member states. 
POST A COMMENT
Input digits     


News
Armenia to intensify cooperation with ICAOArmenia to intensify cooperation with ICAO
EDB to host conference for major investors from more than 40 countries in AlmatyEDB to host conference for major investors from more than 40 countries in Almaty
PSRC Head: From April 1, pricing for connecting to power grids to increase by 2-3 timesPSRC Head: From April 1, pricing for connecting to power grids to increase by 2-3 times
PSRC: Application for sale of PSRC: Application for sale of "MTS Armenia" is under consideration
CBA Head: From April 1, fair system of CMPTL in terms of pricing to be introducedCBA Head: From April 1, fair system of CMPTL in terms of pricing to be introduced
ADB holds round table discussion on Armenia`s ICT Sector AssessmentADB holds round table discussion on Armenia`s ICT Sector Assessment
Nikol Pashinyan: Armenia continues to be in a state of high economic activityNikol Pashinyan: Armenia continues to be in a state of high economic activity
Artsakh budget loses about AMD 35 million a day due to suspension of mine activities- Vardan AramyanArtsakh budget loses about AMD 35 million a day due to suspension of mine activities- Vardan Aramyan
Tigran Sargsyan: Digitalization and seamlessness of North-South ITC will lay foundation for technological standards in Greater Eurasia, thereby playing significant integration roleTigran Sargsyan: Digitalization and seamlessness of North-South ITC will lay foundation for technological standards in Greater Eurasia, thereby playing significant integration role
Central Bank of Armenia forecasts disinflation to 4.4% in 2023Central Bank of Armenia forecasts disinflation to 4.4% in 2023
Kazakh low-cost Fly Arystan airline to start Aktau-Yerevan-Aktau operating flightsKazakh low-cost Fly Arystan airline to start Aktau-Yerevan-Aktau operating flights
Artsakh`s daily financial and economic losses due to Azerbaijan amount to at least $1.9 million: ReportArtsakh`s daily financial and economic losses due to Azerbaijan amount to at least $1.9 million: Report
Central Bank of Armenia forecasts decrease in unemployment rate to 12.6% for 2023Central Bank of Armenia forecasts decrease in unemployment rate to 12.6% for 2023
U.S. is interested in developing cooperation with Armenia in technological fieldU.S. is interested in developing cooperation with Armenia in technological field
Expert: If government manages to conduct effective economic policy and keep at least 10% of immigrants in Armenia, then double-digit economic growth will not be mythExpert: If government manages to conduct effective economic policy and keep at least 10% of immigrants in Armenia, then double-digit economic growth will not be myth
Converse Bank`s bonds have been listed on Armenian Stock ExchangeConverse Bank`s bonds have been listed on Armenian Stock Exchange
Armenia`s vice-premier hosts EAPO presidentArmenia`s vice-premier hosts EAPO president
WB approves new EUR 92.3 million loan to promote Green, Resilient and  Inclusive Development in ArmeniaWB approves new EUR 92.3 million loan to promote Green, Resilient and  Inclusive Development in Armenia
Inflow of private transfers from Russia to Armenia continues to  increase significantlyInflow of private transfers from Russia to Armenia continues to  increase significantly
AmCham introducing new standards into Armenia`s business culture -  Vahan KerobyanAmCham introducing new standards into Armenia`s business culture -  Vahan Kerobyan
Armenia, Brazil to strengthen trade and economic tiesArmenia, Brazil to strengthen trade and economic ties
Armenia to get EUR 92.3mln WB loan for budget deficit coverage Armenia to get EUR 92.3mln WB loan for budget deficit coverage 
Amazon Web Service to assist Armenia in old film digitizationAmazon Web Service to assist Armenia in old film digitization
Ameriabank honored as the Best Investment Bank in Armenia for 2023 by Global Finance Ameriabank honored as the Best Investment Bank in Armenia for 2023 by Global Finance 
Expert: Expenditures of Dry Port project exceed $100 millionExpert: Expenditures of Dry Port project exceed $100 million
Armenia Securities Exchange launches AMXTrader new trading system for  financial market participantsArmenia Securities Exchange launches AMXTrader new trading system for  financial market participants
Armenia`s economic indicators impressive in 2022 - IFC Armenia`s economic indicators impressive in 2022 - IFC 
Armenia welcomes Belarusian construction companies Armenia welcomes Belarusian construction companies 
FlyOne Armenia launches Yerevan - Larnaca - Yerevan direct flights FlyOne Armenia launches Yerevan - Larnaca - Yerevan direct flights 
Vahan Kerobyan: AMD 40 billion were returned to borrowers under 2022  state subsidy program for mortgage loansVahan Kerobyan: AMD 40 billion were returned to borrowers under 2022  state subsidy program for mortgage loans
Armenian winemakers participating in ProWein international trade fair  in DusseldorfArmenian winemakers participating in ProWein international trade fair  in Dusseldorf
Armenia`s vice-premier receives IMF repsArmenia`s vice-premier receives IMF reps
Armenia`s premier hosts IMF delegationArmenia`s premier hosts IMF delegation
Armenia`s Ministry of Economy draft law to introduce English law  jurisdiction - minister Armenia`s Ministry of Economy draft law to introduce English law  jurisdiction - minister 
U.S., Canadian and European companies interested in projects in  Armenia`s Syunik - Paruyr HovhannisyanU.S., Canadian and European companies interested in projects in  Armenia`s Syunik - Paruyr Hovhannisyan
Enterprise Armenia supporting 40 projects worth $2.4-3.2bln - premier Enterprise Armenia supporting 40 projects worth $2.4-3.2bln - premier 
In 2022 vs. 2021, number of RA citizens on migration registration in  RF decreased by 15% - ACSESIn 2022 vs. 2021, number of RA citizens on migration registration in  RF decreased by 15% - ACSES
Deputy PM, AmCham representatives discuss Russian-Ukrainian conflict  impact on Armenian economyDeputy PM, AmCham representatives discuss Russian-Ukrainian conflict  impact on Armenian economy
Armenia, Georgia discuss possibilities of expanding cooperation in  tourism sectorArmenia, Georgia discuss possibilities of expanding cooperation in  tourism sector
Rostelecom changes its mind about selling its Armenian subsidiary GNC  AlfaRostelecom changes its mind about selling its Armenian subsidiary GNC  Alfa
Yerevan hosts 19th International Specialized Caucasus Exhibition:  Building and Reconstruction EXPO 2023 Yerevan hosts 19th International Specialized Caucasus Exhibition:  Building and Reconstruction EXPO 2023 
Armenia`s Deputy Minister of Economy hosts UNCCD delegation  Armenia`s Deputy Minister of Economy hosts UNCCD delegation  
Threshold for duty-free importation of goods into EAEU for  individuals at level of EUR 1000 may return to previous level Threshold for duty-free importation of goods into EAEU for  individuals at level of EUR 1000 may return to previous level 
Saudi Flynas airline to launch flight to Yerevan in summerSaudi Flynas airline to launch flight to Yerevan in summer
Vahan Kerobyan: Turkey actively buys gold from Armenia, while  selectively buying other productsVahan Kerobyan: Turkey actively buys gold from Armenia, while  selectively buying other products
CBA Head: Surveys show that international visitors have begun making  long-term plans for Armenia and its economyCBA Head: Surveys show that international visitors have begun making  long-term plans for Armenia and its economy
Central Bank Head: FAO index has stabilized and there are no new  upward trendsCentral Bank Head: FAO index has stabilized and there are no new  upward trends
Martin Galstyan: Armenia Securities Exchange is currently in process  of forming new board and strategyMartin Galstyan: Armenia Securities Exchange is currently in process  of forming new board and strategy
CBA improves its 2023 GDP growth forecast for Armenia to 5.8%,  indicating construction and services as main driversCBA improves its 2023 GDP growth forecast for Armenia to 5.8%,  indicating construction and services as main drivers
Western sanctions against Russia pose a threat to Armenia - PMWestern sanctions against Russia pose a threat to Armenia - PM
New Armenia-ADB cooperation strategy under developmentNew Armenia-ADB cooperation strategy under development
AraratBank joins the United Nations Women`s Empowerment Principles InitiativeAraratBank joins the United Nations Women`s Empowerment Principles Initiative
Armenia`s CB leaves refinancing rate unchanged, 10.75%Armenia`s CB leaves refinancing rate unchanged, 10.75%
With organizational support of Ameriabank and SPRING PR, first  With organizational support of Ameriabank and SPRING PR, first  "Doing Digital-Exploring Digital Future" forum to be held in Yerevan  on April 5
Armenia, Egypt discuss possible cooperation in renewable energy,  energy infrastructuresArmenia, Egypt discuss possible cooperation in renewable energy,  energy infrastructures
 State Control Service returned about 121 million drams to budget in  2022 State Control Service returned about 121 million drams to budget in  2022
Vahan Kerobyan: No outflow of immigrants is expected in near futureVahan Kerobyan: No outflow of immigrants is expected in near future
Vahan Kerobyan: During the year, 7,328 companies and individual  entrepreneurs were registered in Armenia by Russian citizensVahan Kerobyan: During the year, 7,328 companies and individual  entrepreneurs were registered in Armenia by Russian citizens
This year, demand is gradually stabilizing, and growth of Armenian  economy to be 4.2% - EDBThis year, demand is gradually stabilizing, and growth of Armenian  economy to be 4.2% - EDB
Global economic recession risks remain significant - EDBGlobal economic recession risks remain significant - EDB
Read more


Exchange rates
30.03.2023
RUB5.03-0.01
USD388.300.09
EUR422.390.91
GBP479.08-0.20
CAD286.500.97
JPY29.29-0.15
CNY56.37-0.08
CHF424.421.53


Experts
Ban on dollar mortgages in Armenia: On guard of consumer interests  or lobbying for banking interests-  Karen ZakaryanBan on dollar mortgages in Armenia: On guard of consumer interests  or lobbying for banking interests-  Karen Zakaryan
Pashinyan-led government has nothing in common with economic growth -  Suren ParsyanPashinyan-led government has nothing in common with economic growth -  Suren Parsyan
Health insurance in Armenia: Why does social justice contradict  social solidarity in Health Ministry`s compulsory health insurance  concept and what are risks of State Fund control ?Health insurance in Armenia: Why does social justice contradict  social solidarity in Health Ministry`s compulsory health insurance  concept and what are risks of State Fund control ?
Read more

Commented
3.5% decline in living standard of average statistical employee in  Armenia 3.5% decline in living standard of average statistical employee in  Armenia 
Armenia`s economy is unhealthy: Economist offers ways to solve  existing problemsArmenia`s economy is unhealthy: Economist offers ways to solve  existing problems
Mher Ananyan elected Chairman of the UBA BoardMher Ananyan elected Chairman of the UBA Board

Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2