 Japanese bank provides $50 mln loan to EDB November 25, 2011 - 12:40 AMT PanARMENIAN.Net - Eurasian Development Bank (EDB) and The Bank of Tokyo-Mitsubishi UFJ, Ltd singed an agreement for provision of USD 50 mln loan to EDB. The funding will be allocated to EDB projects on development of finance instruments, micro financing and Small & Medium Enterprises, the bank’s press service reported. Eurasian Development Bank (EDB) is an international financial organization founded by the Russian Federation and the Republic of Kazakhstan in 2006, with Russia, Kazakhstan, Armenia, Tajikistan and Belarus as member states. The EDB charter capital exceeds USD 1.5 bln.   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 |  Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
