Citibank allocates two credit lines at amount of $9mln to ArdshininvestbankJanuary 26, 2011 - 19:10 AMT PanARMENIAN.Net - Citibank of New York has allocated two credit lines at the total amount of $9mln to Armenian Ardshininvestbank. “The credit lines provision obliges us to be more careful and responsible towards both our clients and foreign banks – partners,” the bank press service quoted Chairman of the Board of Ardshininvestbank Nerses Karamanukyan as saying. 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 | “Great success”: Pashinyan pleased with new border protocol Pashinyan has described the signing by Armenia and Azerbaijan of a protocol on delimitation in Tavush as “a great success”. Armenia, Azerbaijan sign protocol on demarcation coordinates Armenia’s government took on May 15 another step towards handing over four border areas to Azerbaijan. U.S. warns Georgia not to side with Moscow against the west Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow. Power of One Dram sums up two-year program with Teach for Armenia Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for children |