BSTDB President to present bank strategy in YerevanMarch 23, 2011 - 18:52 AMT PanARMENIAN.Net - On March 23, a delegation of the Black Sea Trade and Development Bank (BSTDB) led by the bank President Andrey Kondakov arrived in Yerevan. The delegation is scheduled to meet with Chairman of the Central Bank of Armenia (CBA), RA Ministers of Finance and Economy and Deputy Minister of Foreign Affairs. On March 24, Kondakov will present BSTDB strategy for the upcoming years, the CBA press service reported. The mission of BSTDB is to stimulate economic growth of the countries shareholders. Armenia has been cooperating with BSTDB since its establishment. The bank actively finances SME, industry and private sector. The Black Sea Trade and Development bank was established in 1997 by 11 countries shareholders, including Armenia, but launched its operation in 1999. Armenia’s share in the bank makes 1%, in its outstanding portfolio – around 5%. 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 | Pashinyan travels to Iran to pay tribute to Raisi, others Prime Minister Nikol Pashinyan has left for the Islamic Republic of Iran on a working visit. Armenia-Qatar ties discussed in Doha The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. |