  VTB Bank Armenia launches $4 million backup line for Agarak Copper Molybdenum CombineDecember 2, 2009 - 11:35 AMT PanARMENIAN.Net - VTB Bank Armenia launched a $4 million backup line for Agarak Copper Molybdenum Combine, the bank's press office reported. "Our cooperation will cover the entire scope of banking services. We have always viewed Copper Molybdenum Combine as a strategic partner. We plan investments for development of Syunik region infrastructure," VTB Bank Armenia board chairman Valery Ovsyannikov said.   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 |  Related sections Latest news Ucom equips four bus stops in Ijevan with free Wi-Fi  Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan.Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan.Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. |
