FINANCIAL INSTITUTIONS DISCUSS INVESTMENT OPPORTUNITIES IN ARMENIA
By MassisPost
Updated: September 25, 2013
YEREVAN - On September 25, the USAID-funded Enterprise Development and
Market Competitiveness (EDMC) Project and Small Enterprise Assistance
Funds (SEAF) Armenia launched a conference entitled "Easing Access to
Affordable Capital for Competitive Private Businesses." The conference
focused on private equity finance and investment opportunities
in Armenia, bringing together representatives of international
investment institutions and the Armenian business community to discuss
opportunities and obstacles of investing into the Armenian economy.
Board Member of the Central Bank of Armenia Armenak Darbinyan, USAID
Armenia Economic Growth Office Director Naren Chanmugam, and SEAF
Executive Chairman and Co-Founder Hubertus van der Vaart delivered
remarks, encouraging businesses to take advantage of the conference to
learn more about equity finance and application procedures. Conference
participants included representatives of major financial institutions
in Armenia, consulting companies, and small and medium enterprises.
At the conference senior representatives of EBRD Armenia, IFC Armenia,
and Ameriabank Investment Banking talked about existing investments
and financing in Armenia, as well as discussed new investment
opportunities in the area. Participants heard from SEAF Caucasus
Growth Fund, which has invested in SMEs in Armenia, Georgia, and
Azerbaijan since 2012, and from Grant Thornton, which has conducted
the "Establishing a Private Equity Fund in Armenia" feasibility study,
through EDMC support. Private companies and investors also presented
real-life examples and success stories during the event.
The conference enabled key players in the field of equity finance to
coordinate efforts and facilitated a dialogue between companies and
financial institutions to help raise awareness about equity finance
and spur future investments.
http://massispost.com/archives/9617
By MassisPost
Updated: September 25, 2013
YEREVAN - On September 25, the USAID-funded Enterprise Development and
Market Competitiveness (EDMC) Project and Small Enterprise Assistance
Funds (SEAF) Armenia launched a conference entitled "Easing Access to
Affordable Capital for Competitive Private Businesses." The conference
focused on private equity finance and investment opportunities
in Armenia, bringing together representatives of international
investment institutions and the Armenian business community to discuss
opportunities and obstacles of investing into the Armenian economy.
Board Member of the Central Bank of Armenia Armenak Darbinyan, USAID
Armenia Economic Growth Office Director Naren Chanmugam, and SEAF
Executive Chairman and Co-Founder Hubertus van der Vaart delivered
remarks, encouraging businesses to take advantage of the conference to
learn more about equity finance and application procedures. Conference
participants included representatives of major financial institutions
in Armenia, consulting companies, and small and medium enterprises.
At the conference senior representatives of EBRD Armenia, IFC Armenia,
and Ameriabank Investment Banking talked about existing investments
and financing in Armenia, as well as discussed new investment
opportunities in the area. Participants heard from SEAF Caucasus
Growth Fund, which has invested in SMEs in Armenia, Georgia, and
Azerbaijan since 2012, and from Grant Thornton, which has conducted
the "Establishing a Private Equity Fund in Armenia" feasibility study,
through EDMC support. Private companies and investors also presented
real-life examples and success stories during the event.
The conference enabled key players in the field of equity finance to
coordinate efforts and facilitated a dialogue between companies and
financial institutions to help raise awareness about equity finance
and spur future investments.
http://massispost.com/archives/9617