November 24, 2009 - 16:50 AMT
Armeconombank invests USD 7 million in EBRD Co-financing Program
Armeconombank has already invested USD 7 million in EBRD (European Bank of Reconstruction and Development) Co-financing Program, the bank's press service reported.

Within EBRD Co-financing Program framework, Armeconombank continues active long - and medium-term financing of trade and manufacturing projects, offering USD 400 000 -1.2 million credits with up to 5 years' maturity period, at the interest rate of 12%.