Armenia

EDB investment portfolio

01/11/2020

14 projects

$216,4 million

2,3% of the total

EFSD investment portfolio

01/08/2020

5 projects

$516 million

10% of the total


Armenia became a full member of Eurasian Development Bank in April 2009. Its contribution to the Bank’s capital is US $100,000.

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Publications

Eurasian Economic Integration – 2019
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October 2020. Republic of Armenia: trends and forecasts
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19 November 2020
The Eurasian Development Bank (EDB) borrowed CNY 1.5 billion (around US $230 million) from the Export-Import Bank of China (Exim Bank of China) to finance transboundary transactions between China and the Bank’s member countries – Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, Russia, and Tajikistan. The respective agreement was signed on 16 November 2020. The loan facility has been extended for five years
12 October 2020
The Eurasian Intergovernmental Council’s (EIC) meeting in Yerevan discussed the Travelling without COVID-19 project developed and presented by the Eurasian Development Bank’s (EDB) Digital Initiative Fund to foster economic activity and free movement
30 September 2020
The Eurasian Development Bank (EDB) projects Armenia’s GDP to decline by 3.5% in 2020 and then recover in 2021–2022. This finding is presented in the Macroreview for Armenia published by the EDB Directorate for Research
28 September 2020
The Council of the Eurasian Fund for Stabilization and Development (EFSD) managed by the Eurasian Development Bank (EDB) approved the results of the second EFSD grant competition
23 July 2020
Nikolai Podguzov, Chairman of the Management Board of the Eurasian Development Bank (EDB), and Mikhail Myasnikovich, Chairman of the Board of the Eurasian Economic Commission (EEC), discussed prospects for restoring the Eurasian Economic Union’s (EAEU) economies after the pandemic and expanding trade and economic ties through investment
23 March 2020
igran Sargsyan has been appointed Deputy Chairman of the Eurasian Development Bank’s Management Board
20 March 2020
ACRA affirmed the Eurasian Development Bank’s (EDB) credit rating at A-/stable on the international scale, and AAA(RU)/stable on the national scale
04 March 2020
The amount in settlement and deposit accounts opened with the Eurasian Development Bank (EDB) currently exceeds US $440 million. Andrey Beliyaninov, Chairman of the EDB’s Management Board, told this at a lecture for Finance Faculty students of Plekhanov Russian University of Economics
28 January 2020
Amangeldy Issenov, Deputy Chairman of the Management Board of the Eurasian Development Bank (EDB), and Yerzhan Igibayev, Head of the National Association of Elevator Companies of Kazakhstan, signed a memorandum of cooperation. The parties intend to develop long-term and mutually beneficial cooperation and run projects in Kazakhstan’s elevator sector. In particular, they plan to finance investment projects in the sector and share knowledge and experience

Yerevan Representative Office

Address:
Erebuni Plaza Business Centre, office 811, 26/1 Sargsyan St., Yerevan, 0010, Republic of Armenia

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