May 11, 2009 - 17:52 AMT
Innovation projects leasing promising in 2009
Financing of innovative projects, agriculture, processing enterprises, as well as internal transportation and spheres with a great number of entrepreneurs will be profitable this year, ACBA Leasing deputy CEO Arsen Bazikyan said in an interview with PanARMENIAN.Net.

"We have no priority spheres, we finance all the spheres of economy. There are certain internal guidelines, which we have formulated and our activities will be directed fulfill them. Since the beginning of our activities we outlined a segment of juridical and physical persons. We mainly work with small and medium business, and we keep to our policy not to finance very big projects, since at the moment we consider them to be very risky," he said.

"In 2008 a great amount of deals was observed in the service industry, which is very broad and includes medicine, services of tourism and transport companies, Internet service providers, distributors, etc. The sphere of industrial production was financed most of all," Mr. Bazikyan said. "Since 2008 there have been very interesting projects, including purchase of equipment for new small hydro powers."