The Embassy of Canada in Moscow organized a food promotion event in Yerevan on January 26th, 2016, where representatives of the Armenian HORECA and meat production sector were introduced to Canadian food products such as meat, seafood and wine.
During an official ceremony on January 27, NASDAQ OMX Armenia marked the successful launch of the first securitized bond issuance in Armenia and announced the listing of these bonds at the stock exchange for the secondary market trade.
On the 30-th of December 2015 “Ardshinbank” CJSC and the European Bank for Reconstruction and Development (EBRD) signed an agreement whereby Ardshinbank joined the Trade Facilitation Programme of the European Bank for Reconstruction and Development as an Issuing Bank. Within the framework of the agreement EBRD has provided Ardshinbank with a US $10 million limit to be used for trade finance transactions.
The “Belt and Road” Initiative, first proposed by the Chinese President Xi Jinping in 2013, is a trade and infrastructure network that includes the “Silk Road Economic Belt” and “The 21st Century Maritime Silk Road”.
The European Bank for Reconstruction and Development (EBRD), the Ministry of Finance of Armenia and the Municipality of Yerevan city have signed an agreement to allocate a co-financing grant of €1.9 million to support the modernisation of street lighting in the city of Yerevan.
Geoteam hasn’t started mining in Amulsar yet but the company has made significant social investments. In Armenia the investment of business entities into social projects is often taken with suspicion especially when a company hasn’t seen profit yet. Why would at all a business entity undertake social development projects?
The opening ceremony of the renovated Davtashen branch of ArdshinbankCJSC took place on August5, 2015 in Yerevan,51/1T. Petrosyan street.TheDirector of retail business Mr. Artur Gyulazyan congratulated the branch employees, customers and guests on occasion of the branch opening. In particular, he noted:
The new longer dated 5-year funding provides Ardshinbank with an important competitive advantage as it will allow the bank to offer longer-dated loan products in Armenia and take advantage of local growth opportunities.
On the 9-th of July Ardshinbank CJSC has been awarded the Best Bank in Armenia for the Year 2015 by “Euromoney” magazine in London.
On 17th June, 2015 Fitch rating agency assigned «Ardshinbank» CJSC a B+ Long Term Issuer Dafault Rating with Negative Outlook.
