Yerevan /Mediamax/. Financial Sector Development Program (FSDP), funded by U.S. Agency for International Development (USAID), realizes a series of seminars for crediting specialists of Armenia’s financial establishments, involved in the sphere of crediting small and medium enterprise.

As Mediamax was told in the press service of FSDP, the first cycle of seminars took place on April 8-9 and was devoted to detailed discussion of procedural issues within the framework of the World Bank’s small and medium enterprise crediting program at the volume of $50mln.

The seminar, organized in cooperation with the WB and the German-Armenian Fund, was attended by 45 bank employees, who represented 8 banks – participants of the World Bank’s crediting program.

The second cycle of the seminars will be devoted to the basics and the third – to an in-depth course on small and medium enterprise crediting. They will be targeted to a wider audience – employees of all commercial banks and credit organizations of Armenia.