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IFC doubles the volume of investments in Armenia

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  • IFC doubles the volume of investments in Armenia

    Mediamax, Armenia
    Aug 26 2011


    IFC doubles the volume of investments in Armenia

    Friday 26 August 2011 16:48

    Yerevan/Mediamax/. International Finance Corporation (IFC) doubled its
    volume of investments in Armenia making up to USD70mln.


    Head of Caucasus Regional Office of IFC Thomas Lyubek stated this at
    the ceremony of awarding certificates to the participants of the
    training on risk control, Mediamax reports.

    Thomas Lyubek stated that the IFC financed the agricultural sphere for
    the first time in cooperation with ACBA-CREDIT AGRICOLE BANK.

    `Our forecasts regarding economic growth in Armenia are positive and
    growth in the volume of investments is conditioned by them', the head
    of IFC said.

    Congratulating the participants of the training, head of Financial
    System Stability Department of Armenian Central Bank Andranik
    Grigoryan said that it became obvious after the crisis that Armenia
    needs risk control specialists.

    back


    From: Baghdasarian
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