Yerevan/Mediamax/. “Anelik Bank” and International Finance Corporation (IFC) signed an agreement in Yerevan today on provision of risk management consultation services.

Mediamax reports that the agreement was signed by Chairman of “Anelik Bank” CJSC Board of Directors Samvel Chzmachyan and IFC Regional Director in the Caucasus Thomas Lubeck.

According to Samvel Chzmachyan, the program aims at reforming risk management process, which will allow the bank concentrating on long-term projects and crediting small and medium entrepreneurship. Cooperation will allow introducing risk management mechanisms in the bank.

Thomas Lubeck noted that this is the first program, realized by IFC in cooperation with “Anelik Bank”.