The Eurasian Development Bank (EDB) provided Ardshinkbank with revolving credit line at a total amount of USD 20 million with three-year term.

EDB press service informed that Managing Director for Assets and Liabilities at EDB Dmitry Ladikov-Roev and Chairman of the Management Board of Ardshinbank Mher Grigoryan signed the corresponding agreement on June 28.

The credit line is provided for foreign trade operations of Ardshinkbank clients in EDB member states.

100% of the credit will be allocated for export-import deals between EDB member states. Financing can be provided in USD, EUR, RUB, or any other currency of EDB member states.