Armeconombank and the European Bank for Reconstruction and Development (EBRD) have signed an AMD loan agreement equivalent to 10m USD within the framework of the 33rd EBRD Business Forum.

The bank said that this collaboration is aimed also at the balanced development of the country as a part of the funds will be allocated to the financing of businesses in the regions of Armenia.

It is noted that this agreement is already the 15th since 2000 and brings the total amount of the funds provided by this particular partner to USD 83.0m.