EBRD recognizes Ararat Bank as most active issuing bank in 2010 in ArmeniaMay 26, 2011 - 17:32 AMT PanARMENIAN.Net - The European Bank for Reconstruction and Development (EBRD) has recognized Ararat Bank OJSC as the most active issuing bank in 2010 in Armenia within the framework of the Trade Facilitation Program. Executive Director of Ararat Bank Ashot Osipyan received TFP Award 2010 during Astana-hosted annual meeting of EBRD, the bank press service reported. As part of TFP, the bank issued documentary instruments at the total amount of USD 4mln in 2010 that is 5 times higher compared to the previous index. 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 | Armenia will leave Russian-led military bloc, says Pashinyan Armenia will leave the Russian-led Collective Security Organization, Prime Minister Nikol Pashinyan said, without giving any dates. EU encourages Armenia to prioritize strategic projects The EU has encouraged Armenia to prioritize strategic projects, according to a statement from the country’s Foreign Ministry. Some 100 detained as protesters, police clash in Yerevan Riot police fired stun grenades outside the Armenian parliament as they clashed with protesters. Exclusive access to all EURO 2024 games for Ucom subscribers This year once again Ucom stands as the primary partner of UEFA EURO 2024 in Armenia. |