ArmInfo. President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso  believes that Armenia is a good example of productive assistance to  the country and its reforms. She stated on May 16 at a press  conference following the 33rd Annual Meeting of the Bank in Yerevan.

ArmInfo. Beata Javorcik, Chief Economist at the European Bank for Reconstruction and Development  (EBRD), clarified what caused the "optimism" of the EBRD, which in  its latest report forecasted a 6.2% growth of the Armenian economy,  answering a question from an ArmInfo correspondent. 

ArmInfo.As part of the 33rd EBRD Business Forum on May 15 at the Dvin , Ardshinbank, a flagship sponsor of the event, organized a panel discussion on economic and trade sanctions. Ardshinbank's initiative brought together international experts, as well as representatives from the private and public sectors interested in monitoring sanction processes, onto one platform. The main objective of the discussion was to exchange views and assist participants in the practical implementation of sanctions compliance.

ArmInfo. The Board of Governors of the European Bank for Reconstruction and Development (EBRD) has today  re-elected Odile Renaud-Basso to serve a second term as the Bank's President.

ArmInfo.

ArmInfo.The European Bank for Reconstruction and Development (EBRD) and the United States Agency  for International Development (USAID) have signed a Memorandum of Understanding (MoU) to develop the Trans-Caspian International Transport Route, also known as the Middle Corridor, to further enhance connectivity between Asia and Europe, via the South Caucasus.

ArmInfo. Despite numerous negative factors, Armenia remains resilient and the economy continues to  record good results, said Odile Renaud-Basso, the President of the European Bank for Reconstruction and Development (EBRD), on May 15 at the Bank's Annual Meeting in Yerevan.

ArmInfo.In 2024, the volume of investments of the European Bank for Reconstruction and Development  (EBRD) will be in an unprecedented amount - up to 500 million euros. Odile Renaud-Basso, the President of the European Bank for Reconstruction and Development (EBRD) stated on May 15 at the Annual Meeting of the Bank in Yerevan.

ArmInfo.During the 33rd annual meeting and business forum of the European Bank for Reconstruction and Development (EBRD), Ardshinbank CJSC and the Dutch entrepreneurial development bank FMO signed a Guarantee Agreement for a credit portfolio worth 20 million US dollars with a term of 7 years.

ArmInfo. The European Bank for Reconstruction and Development (EBRD) is lending EUR 236 million to  Armenia to finance the construction of the southern section of the Sisian-Kajaran road.  

ArmInfo. The European Bank for Reconstruction and Development (EBRD) is lending EUR10 million to  Armenia to finance the construction of a customs and logistics centre  in the Syunik region. The Bank will also provide a EUR2 million  investment grant via its Shareholder Special Fund to co-finance the  project, the bank's press service reports.

ArmInfo.

ArmInfo.

ArmInfo.Yerevan is set to welcome the 33rd annual meeting and business forum of the European Bank for Reconstruction and Development (EBRD), with Ardshinbank taking the lead as flagship sponsor. The event, a significant fixture among financial institutions, will convene high-ranking delegations from 74 countries, prominent financial and banking experts, and thought leaders of the Armenian banking sector. Scheduled for May 14-16, the forum aims to foster positive impacts and enhance financial markets for the public good.

ArmInfo.The European Bank for Reconstruction and Development (EBRD) will extend its geographical  mandate to North Africa (sub-Saharan Africa) and Iraq.  At a meeting on May 13, the RA National Assembly Commission on Financial, Budgetary and Credit Issues issued a positive conclusion on the  amendments submitted by the RA government to the first article on the creation of the Bank.

ArmInfo.Trade in the Caucasus and Central Asia region could triple and distances could be cut by  half or even a third if certain changes are made, which requires political will. Mr. Alkis  Drakinos , Director, Regional Head of the Caucasus for the European Bank for Reconstruction and Development  (EBRD), stated on May 10, during an event held in Yerevan within the framework of  the IMF "Perspectives of Regional Economic Development" report.

ArmInfo.

ArmInfo.

ArmInfo.Businesses in Armenia will have more opportunities to invest in green technologies thanks to a US$ 10  million (EUR 9.3 million) loan, which the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) are providing to Inecobank for on-lending to corporates and small and medium-sized enterprises (SMEs) for green investments. This is stated in the official statement of the EBRD.

ArmInfo. Armenia will allocate about 2.4 billion drams (approximately $6.2 million) for the annual meeting  of the European Bank for Reconstruction and Development (EBRD), which will be held from May 14 to 16. The decision was made on May 2 at a meeting of the Cabinet of Ministers.