Governor of the Central Bank of Armenia Arthur Javadyan today received the delegation led by the Black Sea Trade and Development Bank Dmitry Pankin.

As reported the Central Bank, issues related to bilateral cooperation, as well as the past and earmarked projects were discussed during the meeting.

After the meeting, Pankin also introduced the Bank’s strategy during a presentation and stated that Armenia has all the favorable conditions for the Bank to carry out its activities.

After the presentation, the Black Sea Trade and Development Bank and ArmEconomBank OJSC signed a loan agreement through which Armeconombank will gear the envisaged funds towards loans for Armenia’s small and medium-sized enterprises.