  EBRD to diversify its portfolio in ArmeniaNovember 30, 2010 - 17:52 AMT PanARMENIAN.Net - Head of the European Bank for Reconstruction and Development (EBRD) office in Yerevan Valeriu Razlog said that EBRD considers the possibility of joining capitals of Armenia’s private companies. “It is an interesting product from the point of view of market economy development,” Razlog said on November 30. It should be noted that the international structure already participates in capitals of a range of Armenian banks. According to Razlog, EBRD is first of all interested in food industry companies and telecommunications sector, etc. “Our goal is not to focus on one sector, but to diversify our credit portfolio,” Razlog said, expressing hope that the bank will manage to implement several projects in this direction in 2011.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty  Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza.Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations.Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |
