EDB considers around 10 projects for cooperation with Armenian banks and companies

PanARMENIAN.Net - Head of the Eurasian Development Bank (EDB) representation in Armenia Sergey Yelizarov said that currently the EDB considers several projects for cooperation with Armenian banks and companies.

“Up to 10 projects are at various stages of consideration. The bank implemented only one project in Armenia – the signing of a $20mln agreement with Armbusinessbank CJSC,” Sergey Yelizarov told a PanARMENIAN.Net reporter during Expo-Russia Armenia 2010 3rd Annual Industrial Exhibition in Yerevan.

Yelizarov added that energy, transport, infrastructure projects and agriculture are the priority fields for financing.

 Top stories
“It’s a speculation, we can neither comment or react to it,” an Diana Gazinyan from HSBC Armenia said.
Armenia's GDP grew by a strong 7.9% year-on-year in the third quarter of 2019, the World Bank said.
"This is the 3rd product of animal origin from Armenia for which EU grated access to its market," the EU said.
Masdar has entered into a formal agreement with Anif to develop 400 MW solar power projects in Armenia.
Partner news