Armenia

BSTDB active portfolio in Armenia consists of 12 approved operations for the total amount of EUR 49,5 million (end 2011). Armenia ranks ninth in terms of Board approved operations with 3.6% of the total portfolio, and signed operations with 4% of the total portfolio. The country ranks eighth in terms of outstanding financing, with 4.5% of the total portfolio.

 

Based on the 2011- 2014 Business Plan, the Bank would expect on average to approve new operations in Armenia for approximately EUR 10-15 million per year or approximately EUR 51 million over the four year period.


+

©2013 The Black Sea Trade and Development Bank