ArmInfo.IFC and Amundi-Acba Asset Management unveiled a new partnership today to catalyze private sector investment in infrastructure projects, and support job creation and economic growth in Armenia.

ArmInfo.To help smaller businesses in Armenia thrive, IFC is providing a new $15 million loan to Evocabank, that will help support growth and job creation amid the lingering impacts of COVID-19.

ArmInfo.

ArmInfo. At the meeting on June 30, the Government of Armenia nominated lawyer Seda Safaryan for the position of judge of the Constitutional Court.

ArmInfo.

ArmInfo.

ArmInfo.To improve access to high-speed internet and support a strong digital economy in Armenia, Team Telecom Armenia raised a total of $45 million from international financial institutions, IFC and EBRD, and Ameriabank. Team Telecom Armenia will direct this funding for the construction of the region's best 25 Gb/s Next Generation Network in cities and villages of Armenia.

ArmInfo. Given the challenges of the COVID-19 pandemic, foreign direct investment (FDI) in Armenia’s pharma sector can play a catalytic role in stimulating the economy, contributing to a resilient and accessible health care system, reveals a new report produced by IFC in partnership with the UK’s Good Governance Fund. Attracting FDI will also help the country create jobs, improve market competitiveness, and boost exports.

ArmInfo.

ArmInfo. Ameriabank CJSC has been named the Best Issuing Bank in the Caucasus for 2021 by International Financial Corporation (IFC), a member of the World Bank Group, in the 10^th annual award ceremony in the area of trade finance.    

ArmInfo.The International Finance Corporation (IFC) is discussing the formats of its possible participation in the reforms planned by Armenia`s government, IFC  Regional Manager Ivana Fernandes Duarte stated at her meeting with  Armenia`s Minister of Finance Tigran Khachatryan.

ArmInfo.On November 24, 2021, the Central Bank of Armenia (CBA) became a member of the reputable international Sustainable Banking and Financial Network (SBFN), the CBA press service reports.

ArmInfo.. The RA Ministry of Finance, the Eurasian Development Bank (EDB) and the Analytical Credit Rating Agency (ACRA) signed a tripartite Memorandum of  Understanding. The document was signed by RA Finance Minister Tigran  Khachatryan, EDB Management Board Chairman Nikolay Podguzov and ACRA  Agency General Director Mikhail Sukhov.

ArmInfo. The Public Services Regulatory Commission of Armenia (PSRC) gave its positive opinion on the transfer of 100% of shares of Electric Networks of  Armenia (ENA) CJSC, owned by Liormand Holding Ltd (30%), Tashir  Capital CJSC (70 %) in favor of the European Bank for Reconstruction  and Development (EBRD), the Asian Development Bank (ADB) and the  International Finance Corporation (IFC).

ArmInfo. Carolin Geginat is the Country Manager of the World Bank (WB) for Armenia as of July 1, 2021. This is stated in the message of the WB.

ArmInfo.IFC has appointed Ivana Fernandes Duarte as its new Regional Manager for the South Caucasus. Based in Tbilisi, she will be overseeing operations in Armenia, Azerbaijan, and Georgia. 

ArmInfo.A new financing will help expand access to finance for micro, small, and medium enterprises (MSMEs), with IFC and Evocabank joining forces to support businesses, protect jobs, and accelerate economic recovery in Armenia.

ArmInfo. For the first time in the business history of Armenia, on May 21, Yerevan will host an international conference dedicated to the formation of a corporate governance system "Modern trends in corporate governance: International experience and Armenian  reality" under the slogan "Integration, Trust, Investments".

ArmInfo. The Armenian government and the International Finance Corporation (IFC) discussed the prospects for developing cooperation in the field of high  technologies, energy and digitalization.

ArmInfo.Fotowatio Renewable Ventures (FRV), part  of Abdul Latif Jameel and a leading global developer of renewable  energy projects, has closed the financing agreement for the  development of the largest utility-scale solar power plant in  Armenia.