ArmInfo. IFC, a member of the World Bank Group, is partnering with Byblos Bank Armenia to help it expand mortgage lending and offer residential energy-efficiency financing, helping save energy resources and reduce greenhouse gas emissions. IFC is providing a $10 million loan to Byblos Bank Ar

ArmInfo. IFC, a member of the World Bank Group, is partnering with Byblos Bank Armenia to help it expand mortgage lending and offer residential energy-efficiency financing, helping save energy resources and reduce greenhouse gas emissions. IFC is providing a $10 million loan to Byblos Bank Ar

ArmInfo. The active work of the banks with small and medium enterprises will not lead to accumulation of overdue loans, Chairman of Board of Armenian Development Bank (ADB) Karen Sargsyan told an ArmInfo correspondent. According to the Ranking of Commercial Banks of Armenia by the Agency of

ArmInfo. The active work of the banks with small and medium enterprises will not lead to accumulation of overdue loans, Chairman of Board of Armenian Development Bank (ADB) Karen Sargsyan told an ArmInfo correspondent. According to the Ranking of Commercial Banks of Armenia by the Agency of

ArmInfo. Ameriabank's employees from the Trade Finance Department demonstrated a 100% result at the online seminars organized by the European Bank for Reconstruction and Development (EBRD). The press service of Ameriabank told ArmInfo that the Bank's employees have been provided two-week retrain

ArmInfo. The change of the reserve requirements will raise the demand for Armenian drams, but this measure is insufficient to considerably reduce the dollarization level, President of the Union of Banks of Armenia Ashot Osipyan said during a press-conference on Tuesday. To note, on Feb 8 2011

ArmInfo. Ameriabank's employees from the Trade Finance Department demonstrated a 100% result at the online seminars organized by the European Bank for Reconstruction and Development (EBRD). The press service of Ameriabank told ArmInfo that the Bank's employees have been provided two-week retrain

ArmInfo. On January 20 ACBA-Credit Agricole Bank and the International Finance Corporation (IFC) signed a loan agreement worth 30 mln USD. The funds will be on-lent to micro-, small and medium enterprises, including those in the agriculture sphere. The document was signed by Director General of

ArmInfo. The International Finance Corporation (IFC) is going to intensify its lending activities in Armenia in 2012 and to increase its loan book to $70mln, Arman Barkhudaryan, the coordinator of investment programs of the IFC in Armenia, said during a press-conference on Friday. He said tha

ArmInfo. On January 20 ACBA-Credit Agricole Bank and the International Finance Corporation (IFC) signed a loan agreement worth 30 mln USD. The funds will be on-lent to micro-, small and medium enterprises, including those in the agriculture sphere. The document was signed by Director General of

ArmInfo. The Government of Armenia approved on Thursday a $1.9mln agreement with the International Finance Corporation (IFC). The money will be provided for the improvement of the business clime in Armenia. Armenia's Prime Minister Tigran Sargsyan said that, according to a number of inte

ArmInfo. The European Fund for Southeast Europe (EFSE), initiated by KfW Entwicklungsbank (The German Development Bank) with the financial support of the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission, announced today that Small and Medium Busi

ArmInfo. An Armenian delegation headed by Finance Minister Vache Gabrielyan left for Washington to participate in a regular sitting of the Armenian-American Intergovernmental Commission and in the annual meeting of the International Monetary Fund and the World Bank. The press service of the

ArmInfo. Chairman of the Central Bank of Armenia (CBA) Artur Javadyan will participate in the annual meeting of the governing boards of the International Monetary Fund and the World Bank in Washington on September 21-24. The CBA press service told ArmInfo that Javadyan is going to take part in t

Arminfo. The ceremony of official opening of Pan-Armenian Bank took place in Yerevan today. President of Armenia Serzh Sargsyan, Chairman of Central Bank Artur Javadyan, bankers, representatives of international financial structures and other official attended the opening ceremony. Pan-Arme

ArmInfo. In FY 2001 (July 1 2010-June 2011) the International Finance Corporation (IFC) increased its loan book in Armenia by 20% to $100mln by boosting loan demand and centralizing lending activities, Thomas Lubeck, IFC Regional Head, the Caucasus, said during a press-conference on Friday. T

ArmInfo. The International Finance Corporation (IFC), a member of the World Bank Group, committed around $70 million in Armenia in the fiscal year ending June 30, 2011 representing its highest-ever level of support for the country. IFC invested in 11 projects with a focus on restoring and expand

ArmInfo. IFC, a member of the World Bank Group, is helping strengthen the financial sector in Armenia by launching a formal risk management education and certification program to enable financial sector employees to enhance their risk management skills. According to the press service of IFC

ArmInfo. IFC, a member of the World Bank Group, and Armenia's ACBA-Credit Agricole Bank signed an International Swaps and Derivatives Association master agreement, which will support ACBA-Credit Agricole to better manage its currency and interest-rate risks, and help improve its competitiveness