Published since 1991
Published on February 13, 2008
ARMECOMOMBANK SIGNS $5 MILLION AGREEMENT
Today, Armeconombank and Black Sea Trade and Development Bank (BSTDB) signed an agreement of 5 million dollars, which will be allotted for crediting of small and medium-size business development in Armenia. The agreement was signed by Executive Director, Chairman of the Board of Armeconombank David Sukiasian and Director of Financial Institutions of BSTDB Nejet Sarisosen.
As Armeconombank press-service reports, credits will be extended within the frames of the agreement according to the "criteria and procedures of small and medium-sized business crediting", developed and specified by BSTDB. Armeconombank will allocate the funds with repayment period of 5 years, and the maximum amount of one credit makes up $400,000.
In particular, the credit will be extended to the companies, which specialize in production, trade and services. "This agreement proves once more that Armeconombank is faithful to its policy of assistance to further development of small and midium-sized business in Armenia", the message says. To be noted, Armeconombank also takes part in the programs of small and medium-size business crediting of the European Bank for Reconstruction and Development (EBRD), the International Financial Corporation (IFC) and the KfW German Bank.
© Azg
Headlines for February 13, 2008FLORENCE AVAKIAN DISCUSSES THE ARMENIAN GENOCIDE ON AL JAZEERA TELEVISION
By Harry KoundakjianUNITED NATIONS, NY - Florence Avakian, an accredited United Nations journalist, and free lance writer based in New York, recently was interviewed on Al Jazeera television which has a worldwide audience ...DINK'S ASSASSINATION HEARING RESTARTED
Translated by L.H.Istanbul Court started third hearing of "Akos" newspaper editor-in-chief Hrant Dink's assassination. It is informed that 19 suspects will appear in court. Delegation of Federation for Human Rights arrived ...TOM LANTOS PASSED AWAY
Translated by L.H.80-year-old Chairman of US Congress House Foreign Affairs Committee Tom Lantos passed away on Monday. Democrat Lantos represented California in US House of Representatives. Mr. Lantos, a Hungarian-born ...ARMENIAN CITIZENS OF GERMANY DISAPPOINTED
Translated by L.H.Armenian citizens that live in Germany sent a letter to RA Foreign Ministry, Central Electoral Commission and OSCE expressing their disappointment and dissatisfaction on the changes in RA Election Law ...ARMECOMOMBANK SIGNS $5 MILLION AGREEMENT
Today, Armeconombank and Black Sea Trade and Development Bank (BSTDB) signed an agreement of 5 million dollars, which will be allotted for crediting of small and medium-size business development in Armenia. ...LEVON TER-PETROSIAN IN MOSCOW
Translated by L.H.According to the received information, RA presidential candidate Levon Ter-Petrosian left for Moscow on February 11. He is accompanied by businessman Khachatur Sukiasian. The aim of Levon Ter-Petrosian's ...PROSECUTOR-GENERAL DENIES MEDIA SPECULATIONS ABOUT FIRE AT JUSTICE MINISTRY
Translated by A.M.Today Prosecutor-General of the Republic of Armenia Agvan Hovsepian brushed off media speculations claiming that the fire that destroyed the archives of the Justice Ministry's on February 9 was organized ...WORK OF NIKOGHAYOS ADONTS RE-PUBLISHED IN ENGLISH
By R.P., translated by L.H.One of the analyses of the Armenian Question and mainly the Sevr Agreement belogs to Armenian prominent historian Nokoghayos Adonts. Living in London from April 1920, Nokoghayos Adonts published his ...
Similar headlines for (last 7 days) new!
BRYZA REFUTES THE STATEMENTS ON RETURN OF THE TERRITORIES
By Kim Gabrielian, Stepanakert, translated by L.H.SPEAKER PELOSI NAMES ARMENIAN CAUCUS MEMBER CONGRESSMAN MCGOVERN CO-CHAIR OF CONGRESSIONAL HUMAN RIGHTS CAUCUS
© Azg
Most read news (last 7 days)LEVON TER-PETROSIAN APPLIED TO CONSTITUTIONAL COURT
FLORENCE AVAKIAN DISCUSSES THE ARMENIAN GENOCIDE ON AL JAZEERA TELEVISION
By Harry KoundakjianIN POST-ELECTION PERIOD THE PARTIES WILL UNITE IN THE NAME OF FUTURE
By Nana Petrosian, translated by L.H.WHO WILL BE THE NEXT PRESIDENT OF OUR COUNTRY ACCORDING TO BRITISH SOCIOLOGISTS?
By Armen Manvelian, translated by L.H.SPENDING PLAN CALLS FOR $24 MILLION IN ECONOMIC AID TO ARMENIA, PROVIDES ASYMMETRICAL MILITARY ASSISTANCE
PEOPLE OF NAGORNO KARABAKH ELECT NKR AND NOT RA PRESIDENT
By Aghavni Harutyunian, translated by L.H.
THE YOUTH OF WORLD ARMENIAN CONGRESS MET WITH ARA GEVORGIAN
By Davit Sargsian, translated by L.H.ARMENIAN CITIZENS OF GERMANY DISAPPOINTED
Translated by L.H.THE QUESTION OF A POSSIBLE RELATIONSHIP BETWEEN MENTAL DISTURBANCE AND DENIALS OF KNOWN GENOCIDES SUCH AS THE HOLOCAUST AND ARMENIAN GENOCIDE
By Professor Israel W. Charny Ph.D, Editor-in-Chief Encyclopedia of Genocide, Past President,International Association of Genocide Scholars, Executive Director, Institute on the Holocaust and Genocide"PROCREDIT" - 22ND BANK OF ARMENIA
By Ara Martirosian, translated by L.H.
© AUA
Today in Armenian history- 1870 Birth of Nerses Ashtaraketsee the Fifth, later to become Catholicos and a figure of the National Liberal Movement. In 1814, while leader of the See of Tbilisi (Georgia), he founded the Nersessyan School. (He died in 1957).
- 1885 The Tsar closes Armenian Parish Schools in the Caucasus.
- 1891 The Tsar intensifies the national persecution of Armenians.
- 1894 Birth of Hambardsoom Khachanyan, famous actor of the Armenian stage.
- 1898 Birth of writer and critic Shavarsh Nardoonee. He died in 1968.
- 1921 Start of the Dashnak's anti-Bolshevik revolt.
- 1921 Armed forces of the Armenian Revolutionary Federation that had not already surrendered, start what became known as the "February Revolt" in Kesheeshkend (Yeghegnadzor) against the newly- created Soviet Armenian Government.
- 1925 Publication of the Large Soviet Encyclopedia.
- 1937 Death of seascape artist Vardan Makhookhian. He was born in 1869.
- 1963 The largest food-processing plant in Armenia (at Charentsavan-Lusavan) starts production.
Forum most active discussions
- ՄՈՒԶԿԱՄԱՆԴ
- Ինչ արժե երջանկությունը
- Պարտադրված շուրջերկրյա ճանապարհորդություն
- Միջադեպ
- Իսկ դու ինչպիսի՞ բանջարեղեն ես նախընտրում... (տեսակի մասին չէ խոսքը)
- Offtopic
- Հայկական հարսանիք
- Supply: coin acceptor, coin mechanism, coin selector,coin validator,token,gaming coins.
- supplier of automatic sliding door, coin acceptor, coin selector,garage door, coin validator,air tight door,coin mechanism,revolving door
- Swedish Parliament Refuses to Recognize the 1915 Genocide
ARMENIAN NEWS
INTERACTIVE NEWS
INFORMATION
MY ARMTOWN
How to quit smoking?
How to write in Armenian on Windows XP?
All materials published on this website are taken from open sources and are copyrighted by their respective owners. You cannot reproduce or copy any materials published on armtown.com without written consent of original copyright holder. If you want to remove any material, please send us an email with proof of ownership/copyright and your material will be removed immediately. All materials published for information purposes only.