ArmInfo.The main international financial institutions (IFIs) that have invested in Armenia over the past three years have been the Eurasian Development Bank (EDB) with $329 million, the International Finance Corporation (IFC) with $300  million, and the European Bank for Reconstruction and Development  (EBRD) with $244 million.

ArmInfo. AraratBank co-funded "Culture – My Way" project launched by the Teryan Cultural Center under the financing of the International Fund for Cultural Diversity (IFCD) of UNESCO, within the framework of the 2005 Convention on the Protection and Promotion of the Diversity of Cultural Expressions.

ArmInfo. At the annual general meeting, Acba Bank shareholders decided to allocate 6.584 billion drams or 1100 drams per share from the net profit of 28.8 billion drams received in 2024 to pay dividends. This was noted in the  statement of Acba Bank published on June 18.  According to the decision on the payment of dividends, the payments should be completed on June 20, 2025.

ArmInfo. Converse Bank has secured trade finance line from the International Finance Corporation (IFC). The agreement was signed on June 16 in Vienna by IFC's Regional Industry Manager, Financial Institutions Group, Europe, Etleva Koka and Converse Bank's CEO, Chairman of the Executive Board Andranik Grigoryan. It aims at strengthening Bank’s support for importers and exporters in Armenia and enhancing the Bank’s capacity to facilitate international trade, improve access to global markets, and provide better financing solutions for its customers involved in trade worldwide. 

ArmInfo.  The International Finance Corporation (IFC) has expressed its readiness to invest in the energy and transport sectors of Armenia. This was stated by Ivana Fernandez  Duarte, Regional Director of the International Finance Corporation (IFC) in the South Caucasus, at a meeting with the Minister of Territorial Administration and Infrastructure of Armenia David Khudatyan.  As reported by the press service of the Ministry of Territorial Administration of Armenia, the parties also discussed a number of other issues of mutual interest.

ArmInfo. Ameriabank has signed a $200 million long-term loan agreement with the International Finance Corporation (IFC) to support climate finance initiatives, micro, small, and medium enterprises (MSMEs), and women-owned MSMEs in Armenia. The agreement, the largest ever signed between IFC and a financial institution in Armenia, represents a significant milestone in advancing Armenia’s green transition, enhancing climate resilience, and aligning with both national and global climate goals. Half of the funding will be allocated to climate finance projects, a quarter to MSMEs, and another quarter to women-led MSMEs.

ArmInfo.The European Bank for Reconstruction and Development (EBRD) as an anchor investor, is  participating in Team Telecom Armenia's (trademarked as Team Telecom Armenia),  $75 million (EUR 71.6 million) sustainability linked bond (SLB) with an investment of US $13.5 million (EUR 12.9 million) .

ArmInfo. The International Finance Corporation (IFC) is anchoring a landmark $75 million  sustainability-linked bond issuance by Team Telecom Armenia with a $13.5 million participation to boost digital infrastructure in Armenia, as stated  in IFC press release.  Armenia.

ArmInfo.As a result of a new partnership between Acba Bank and the International Finance Corporation (IFC),  ACBA will allocate $50 million to finance and develop micro, small and medium enterprises (MSMEs) in Armenia, as noted in a statement by Acba Bank.

ArmInfo. As a result  of a new collaboration between Acba bank and the International Finance Corporation (IFC), Acba bank will allocate $50 million to finance and develop micro, small, and medium enterprises (MSMEs) in Armenia.

ArmInfo.The International  Finance Corporation (IFC) has signed agreements with three Armenian  banks, Acba Bank, Converse Bank and Evocabank,  to enhance access to  finance for smaller businesses, including women-owned and rural  enterprises and climate projects. It is planned to provide loans for  a total amount equivalent to $40 million. In particular, Acba Bank  will receive $25 million, Converse Bank - $5 million and Evocabank -  $10 million, as noted in IFC's statement.

ArmInfo. Converse Bank and the International Finance Corporation (IFC) are collaborating to enhance access to finance for small and medium-sized enterprises in Armenia. As part of this partnership, IFC will provide an unfunded risk sharing facility that covers 50% of the credit risk on a loan portfolio of US$ 10 million equivalent, enabling Converse Bank to expand its lending capabilities to SMEs.

ArmInfo. The Eurasian Development Bank (EDB) has developed a database of non-sovereign financing, which contains investments of international financial  institutions (IFIs) coming to the countries of the Eurasian region.  It contains more than 1,700 projects of international financial  institutions in 11 countries of the Eurasian region over the past 16  years, detailed by 50+ parameters.

ArmInfo. ARARATBANK OJSC and Global Finance & Technology Network (GFTN) of Singapore have signed a Memorandum of Understanding to enhance the Bank's digital capabilities and fintech infrastructure.

ArmInfo.The Masrik-1 solar station is scheduled to be operational by October 2024. According to  the press service of the Ministry of Territorial Administration and Infrastructure, Gagik Babayan, chief engineer at Shtigen company, stated this in an interview with the Public Television.  

ArmInfo. Minister of Territorial Administration and Infrastructures of Armenia Gnel  Sanosyan visited the Masrik-1 solar station.

ArmInfo.Problems with tax evasion and illicit financial flows in today's interconnected world  require collective action and cooperation, RA Deputy Prime Minister Tigran Khachatryan stated at the 6th meeting of the High-Level Asian Initiative, which started on June 24 in Yerevan.

ArmInfo.Ameriabank has received four prestigious awards from international financial institutions in recognition of its trade finance operations. At the recent TFP Awards Ceremony, the European Bank for Reconstruction and Development (EBRD) honored Ameriabank with the 2023 Deal of the Year Export, the 2023 Deal of the Year Green Trade in Renewable Energy awards and for the Completion of the Climate Practices and Transition Planning Programme in Armenia. The TFP Award team highlighted "Ameriabank’s outstanding contribution to facilitating trade in green technologies and continuously supporting the transition to a green economy."

ArmInfo. Prime Minister Nikol Pashinyan received Axel van Trotsenburg, World Bank Senior Managing  Director of Development Policy and Partnerships, and  Alfonso Garcia  Mora International Finance Corporation (IFC) Regional Vice President.

ArmInfo. The construction of an industrial-scale solar power plant, Mets Masrik, in Armenia is  nearing completion. This was stated on February 28 from the rostrum of parliament by Chairman of the Public Services Regulatory Commission, Garegin Baghramyan, whose candidacy was again nominated  by the RA government for the post of head of the PSRC.