YEREVAN. – Armenian Pro Credit bank will transfer $10 million for the development of small and medium enterprises in 2011 due to credit contracts with EBRD (London) and BlueOrchard Finance S.A. (Genève).

Pro Credit currently runs negotiations with other international institutions to involve new credit funds and to distribute them in local market, informed Armenian News-NEWS.am.

“We will try to serve the cooperation the best to the benefit of our clients,” told the bank manager Ashot Abrahamyan.