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EDB TO MAKE DIRECT INVESTMENTS IN ARMENIAN COMPANIES' CAPITAL
December 11, 2012 - 14:51 AMT
PanARMENIAN.Net - Eurasian Development Bank (EDB) hopes to make
direct investments in Armenian companies' capital in 2013, EDB deputy
chairman said.
Dmitry Zhurba noted Armenia's commercial banks as the only partners
of EDB, with the total volume of the funds allocated to them grossing
USD 79 mln in 2012.
He further expressed hope to make direct investments in the companies'
capital, besides lending to banks.
On December 11, VTB Bank (Armenia) and EDB signed a credit agreement
at the amount of USD 15 million as part of lending to small and
medium-sized enterprise (SMEs).
December 11, 2012 - 14:51 AMT
PanARMENIAN.Net - Eurasian Development Bank (EDB) hopes to make
direct investments in Armenian companies' capital in 2013, EDB deputy
chairman said.
Dmitry Zhurba noted Armenia's commercial banks as the only partners
of EDB, with the total volume of the funds allocated to them grossing
USD 79 mln in 2012.
He further expressed hope to make direct investments in the companies'
capital, besides lending to banks.
On December 11, VTB Bank (Armenia) and EDB signed a credit agreement
at the amount of USD 15 million as part of lending to small and
medium-sized enterprise (SMEs).