Yerevan, January 23 /Mediamax/. “Inecobank” will receive from the Black Sea Trade and Development Bank (BSTDB) facility at the sum of $3mln to finance trade.

As Mediamax was told in the Marketing Department of “Inecobank”, the facility will be allocated within the framework of a credit agreement, signed with the BSTDB in January 2007.

BSTDB’s facility will be used for financing exports from Armenia or imports of goods from the Black Sea region.

Inecobank is the second BSTDB financial intermediary in Armenia. With the signing of this operation, the total amount of BSTDB’s approved operations in Armenia amount to $35mln.