With the financing of EBRD, ARMSWISSBANK has attracted funds against Armenian government US Dollar Eurobonds. The transaction was guaranteed by Frontclear, one of the world's leading money market company.
The transaction has a strong demonstration effect on local financial markets since it was implemented within the framework of the Global Master Repurchase Agreement (GMRA) signed between the EBRD and ARMSWISSBANK in January 2018, which allows the parties to conclude repo deals with each other.
Details- https://bit.ly/2GmeIyX
The article “ARMENIA, SOLAR POWER AND ARMSWISSBANK: THE BANK CONNECTS ARMENIAN ORGANIZATIONS TO THE SUN” has been published in international authoritative magazine Global banking and finance review.
The article is here.
Let’s remember that the Bank was announced the best trade finance bank in Armenia 2018
With the financing of ARMSWISSBANK and within the scope of Renewable Energy Program “Tom and Mir” Company cooperating with GSS Company installed 35 kW solar powered (photovoltaic) station, which will produce average 56,700 kW/h electricity per year.
Deputy CEO-Director of Customer Service Department of the Bank Gevorg Khachatryan gave an interview to international authoritative magazine Global banking and finance review.
Interview is here.
Let’s remember that the Bank was announced the best trade finance bank in Armenia.
Within the framework of “Renewable Energy” project funded by "ARMSWISSBANK" CJSC and partnering with "Shtigen Energy Company", "Getamej" poultry farm installed a 237.6 kW solar powered (photovoltaic) power plant.
“ARMSWISSBANK” CJSC supported the opening of “Voices and Choices”: The (anti) aesthetics of political posters from Switzerland and Armenia” and adaption of the exhibition by the Museum of Design Zurich and by HAYP Pop Up Gallery, which take place from June 29 to July 15 (open daily 11:00-20:00), location 2 Republic Square, Yerevan, Armenia. (former Ministry of Foreign Affairs Building).
Global Banking and Finance Review has awarded ArmSwissBank CJSC in recognition for its dedication to providing leadership and excellence in Trade Finance. “ArmSwissBank understands the importance of cooperation with local and international organizations and is committed to developing new partnerships and strengthening existing ones and promoting the export opportunities available to domestic producers. This commitment and dedication to improvement,efficiency, risk management and commitment to customer experience is demonstrated in their strong performance and made them stand out as the clear winner in this category”, said Wanda Rich, Editor, Global Banking & Finance Review. “We look forward to seeing more from them in the years to come.”
On June 15, the "Armenia Export Catalog 2017-2018" presentation was held at "Erebuni Business" Center, whose mission is to enable Armenian companies to present their products and services in foreign markets, as well as make it visually and accessible to foreign businessmen. More than 120 Armenian exporting companies are involved in the catalog. The project of catalog has been initiated by the “Armenian Marketing Association” NGO, in collaboration with the Ministery of Foreign Affairs of the Republic of Armenia and Municiply of Yerevan.
Deputy Minister of Agriculture of the Republic of Armenia Ashot Harutyunyan, Acting Director of the Rural Finance Facility Development Office of the RA Government Staff Vahe Harutyunyan,and the Deputy Chief Executive Officer "ARMSWISSBANK" Grigor Hovhannisyan, have signed memorandums on implementation of programs for subsidizing interest rates for investment in intensive orchard gardens, hail protection networks and drip irrigation systems in Armenia.
Within the framework of the mentioned programs, the Bank will finance and the state will partially subsidize the agricultural sector’s entrepreneurs with modern technologies cultivate in intensive orchard gardens, hail protection networks and drip irrigation systems.Within the framework.
