Yerevan/Mediamax/. Deputy Chairman of Board of Eurasian Development Bank (EDB) Dmitry Zhurba said in Yerevan today that "we strongly believe that we will directly fund the enterprises of Armenia's real economy".

Speaking after signing of the credit agreement with VTB Bank (Armenia), Dmitry Zhurba noted that "it's quite possible that we'll have the first deal on direct investing into the company's capital next year, Mediamax reports.

Dmitry Zhurba recalled that over the year, EDB signed credit agreements with Areximbank at USD10mln, Araratbank - USD4mlm and with VTB Bank (Armenia) today - at USD15mln.

"Unfortunately, our presence in Armenia is still restricted to working with financial mediators and banking system. We funded programs for developing support to small and medium enterprise in Armenia at USD64 overall and upon the signing of the contract, the figure will reach USD79mln. We would like to directly finance enterprises of Armenian economy. Unfortunately, the peculiarity of our development institute doesn't imply rather high amount of the entrance ticket - from USD30mln - and we don't manage to find a project of the size meeting our requirements from the viewpoint of risk management yet. But we strongly believe that the first swallow will appear next year and we'll start lending not only the banking industry but also real economy enterprises", said Deputy Chairman of Board of EDB.

However, Dmitry Zhurba didn't go into details of the possible upcoming agreement noting that "money grow in silence".