Tuesday, July 3 2018 13:38
Alina Hovhannisyan

Ministry of Economy: Presentation of Swissquote Bank in Armenia testifies growth of investment confidence in the country

Ministry of Economy:  Presentation of Swissquote Bank in Armenia testifies growth of investment confidence in the country

ArmInfo. The presentation of the Swiss Swissquote Bank in Armenia first of all testifies to confidence in the ongoing changes in the country, the environment and the growth of investment confidence. Minister of Economic Development and Investments of Armenia Artsvik Minasyan expressed this opinion to the journalists on July 2.  "This initiative will enable our business entities to have more impressive turnover," he stressed, noting that the more such undertakings are implemented in Armenia, the faster it will be possible to improve the competitive conditions in the country.

The Minister noted that considering that the attracted financial resources will be used in Armenia, on the one hand, it will give an opportunity to increase working capital, and on the other hand  foreign investors are given opportunity to use the services of this authoritative financial institution.  Moreover, according to A. Minasyan, this initiative can become a bridge between European and international investors and the EEU member countries in terms of ensuring the turnover of resources.  To note, FTH (Financial Trading House) has become the official representative of one of the largest Swiss online banks Swissquote Bank in Armenia, s which was founded in 1999 and became one of the leading companies in the global financial market. Since 2015, the company provides intermediary services to the Swiss bank Swissquote Bank.

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