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Armenian PM Praises Cooperation With KfW

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  • Armenian PM Praises Cooperation With KfW

    ARMENIAN PM PRAISES COOPERATION WITH KfW

    ARMENPRESS
    Feb 5, 2008

    YEREVAN, FEBRUARY 5, ARMENPRESS: Armenian prime minister Serzh
    Sarkisian described his government's cooperation with Germany as
    'very effective', especially in banking and financial sectors as he
    received the deputy president of the German KfW bank Roland Siller.

    The government press office quoted Serzh Sarkisian as saying that
    KfW's credits into Armenia's energy and mortgage sectors have proved
    very effective.

    Rolland Siller was received by prime minister Sarkisian after the
    German banker opened in Yerevan a branch of ProCredit Bank.

    Present at the opening ceremony were the chairman of the Central Bank
    Tigran Sarkisian; the ambassador of Germany in Armenia, Mrs. Andrea
    Wiktorin and other officials.

    Rolland Siller said the ProCredit Armenia will focus on northern and
    northwestern parts of Armenia which were hit by an earthquake in 1988.
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