Yerevan/Mediamax/. “Anelik Bank” and Asian Development Bank (ADB) concluded an agreement on financing international trade today.

Mediamax was informed in the press service of “Anelik Bank” that according to the agreement, the customers of “Anelik Bank” are provided bank guarantees and letters of credit aiming at assisting international trade.

Establishment of reliable partnership with ADB provides the bank with additional chance to reduce the risks of Armenian businessmen in the sphere of international trade, “Anelik Bank” noted.

Taking into account the fact that in the post-crisis period the demand for international trade financing tools increased significantly, the bank made a decision to stir up its participation in the given sphere.

““Anelik Bank” has many years’ practice of successful cooperation with international financial organizations in realizing such programs. In this context, we assess the new agreement as evidence of another successful cooperation. We are sure that partnership with ADB will be mutually beneficial and continuous”, Deputy Chairman of “Anelik Bank” CJSC Board of Directors Babik Najarian stated.