Yerevan/Mediamax/. On August 27, Armenian Prime Minister Tigran Sargsyan received Uto Baader, founder and Chairman of the Board of Directors of Baader Bank AG German investment bank.

Prometey Bank is Baader Bank’s partner in Armenia. It was noted during the meeting that the cooperation with Prometey Bank will allow involving Armenian financial institutions into global financial markets through the German bank’s chain.

Uto Baader presented the bank’s activity and noted that its investment activity is mainly aimed at financing infrastructure projects.

The Prime Minister presented the details of the program for establishing an Armenian Cancer Center, building North-South freeway, new nuclear power bloc and sports complex in the district of Sevan and reconstructing “Nairit” factory. Uto Baader expressed the readiness to examine these projects.

The parties also discussed the state of Armenian bond market and possible areas of cooperation.