ArmInfo.Deputy Prime Minister Mher Grigoryan received Regional Director of the European Bank for Reconstruction and Development (EBRD) for the Caucasus, Moldova and Belarus Catarina Bjorlin Hansen.
According to the Deputy Prime Minister's Office, Grigoryan noted the key importance of the programs implemented jointly with the EBRD.
During the meeting, infrastructure development programs were discussed, in particular, the importance of preparing for the construction of the Sisian-Kajaran section of the North-South highway was emphasized. In this context, the results of the EBRD feasibility study were discussed.
The parties also touched upon the SME support programs implemented by the EBRD with Armenian commercial banks as part of the EU economic and investment plan.
The interlocutors discussed the possibilities of implementing new joint programs, the importance of projects of regional importance was emphasized.
It should be noted that since its establishment in the Caucasus in 1992, the EBRD has invested more than 10.64 billion euros in 652 projects in the financial, corporate, infrastructure and energy sectors of the region, most of which are in the private sector. Until now, EBRD is a shareholder (17.73%) of only one Armenian bank, Ameriabank. Currently, EBRD is a shareholder of only one Armenian bank - Ameriabank (17.73%). Previously (several years ago) it participated in the capital of at least five Armenian banks, but after completing the mission, he took an exit strategy. Earlier (several years ago), it had its share in the capital of at least five Armenian banks, but after completing the mission, but after completing the mission, it took an exit strategy. Currently, the bank is implementing loan programs with ACBA Bank, ARARATBANK, Evocabank, INECOBANK, Ameriabank, IDBANK and Armswissbank. The EBRD is co-financing the Masrik-1 industrial solar power plant and Team Telecom Armenia, the largest telecommunications operator in Armenia, in the amount of $20 million. The EBRD also provides loans to a number of municipal programs, including the modernization of the Yerevan Metro. Another $35 million was allocated to modernize the electricity distribution infrastructure (Green Cities Program) in the cities of Yerevan and Gyumri. An important factor in Armenia is considered the participation of the EBRD together with the EU in the modernization of the Meghri checkpoint on the border with Iran, for which the bank allocated 10.6 million euros.
