Ardshinbank and the OPEC Fund for International Development (OFID) signed a US$10 million loan agreement on March 31, 2015 in Vienna. The agreement was signed by Mr. Suleiman Jasir Al-Herbish, the Director-General of the OPEC Fund for International Development and Mr. Mher Grigoryan, the Chairman of the Management Board of Ardshinbank.
We encourage Turkey to face history and finally recognize the ever-present reality of the Armenian Genocide and its attendant dispossession, including but not limited to ensuring a right of return of the Armenian people to, and a secure reconnection with, their national hearth―all flowing from the fundamental imperative of achieving Reconciliation through the Truth;
A new significant renewal project is being launched for the redevelopment and renewal of Gyumri, it is called “Gyumri Project HOPE.” The goal of the project is to come up with a long-term development plan for Gyumri that will bring together organizations and individuals from diaspora, international organizations and the municipality of Gyumri for the purpose of reviving Gyumri.
By results of the year, the Bank has strengthened its position among the top three of the banking system by all key indicators. Net profit income for the year 2014 has been AMD 4,2bln.
Amal Clooney, a prominent international and human rights expert, George Clooney’s wife, has taken on the protection of the Armenian side in the “case of Doğu Perinçek,” The Telegraph reports.
More than a quarter century has passed since the earthquake in Armenia’s Gyumri. On December 7, Gyumri marked the 26th anniversary of the earthquake – 26 years of pain, hunger, homelessness, emigration, suffering and the hope that one day their children will have a home and emerge from homelessness and poverty.
Since Armenia’s decision, just over a year ago, not to proceed with its Association Agreement including a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU, but to join the Russian-led Customs Union instead, highlighting relations with NATO has become more important as Yerevan does not want to seen a fully under the control of Russian President, Vladimir Putin.
Forty-thousand Yezidis that have found a refuge on the summit of the sacred mountain of Sinjar are looking into the eyes of death. This ancient sect of an ancient ethnicity for the first time in its millenials-old history is facing a total annihilation. A total annihilation indeed.
Entering the Customs Union represents something of a headache. There are obstacles. Lack of common border with any of the other Customs Union members: Russia, Belarus, and Kazakhstan; neither Kazakhstan nor Belarus are particularly happy about having to extend the preferential terms needed to secure Armenian membership; the process require regulatory, legislative and possibly even constitutional changes.
We have committed in Vilnius to further develop and strengthen comprehensive cooperation with Armenia in all areas of mutual interest within the Eastern Partnership.
