Work to develop “inexperienced” commerce – 2024-06-03 07:45:09

by times news cr

2024-06-03 07:45:09

The Armenian Nationwide Committee of the Worldwide Chamber of Commerce held a seminar-discussion with representatives of the Armenian banking sector inside the framework of the “Commerce Promotion Program” of the European Financial institution for Reconstruction and Improvement.

One of many targets of the seminar is the event of “inexperienced” commerce financing not solely regionally, but in addition internationally, and the position of banks and worldwide monetary establishments was emphasised in its additional dissemination.

Inside the framework of the occasion, Mane Poghosyan, head of the SME enterprise group of Akba Financial institution, referring to the financing of “inexperienced” commerce, emphasised that Akba Financial institution, throughout its greater than 25 years of operation, has all the time fastidiously studied every undertaking financed by the financial institution, maintaining social and environmental dangers within the focal point.

“Since 2011, Akba Financial institution has applied social and environmental threat administration procedures, by way of which the areas of buyer exercise are regulated, which the financial institution can not finance or can finance in case of further and extra detailed evaluation of social and environmental influence. As for particular actions, Akba Financial institution and Akba Leasing, one of many members of the monetary group of Akba, have financed initiatives exceeding AMD 20 billion within the fields of power effectivity and renewable power. We plan to enter the “inexperienced” bond market as properly,” mentioned Mane Poghosyan, head of Akba Financial institution’s SME enterprise group, including that in 2016, Akba additionally launched a group financing instrument, which suggests the financing of investments by communities within the discipline of energy-efficient and renewable power. :

Akba is without doubt one of the largest banks in Armenia that gives common monetary providers. The financial institution is represented in all areas of Armenia, has 63 branches. After the 2021 IPO, Akba Financial institution has greater than 5,000 shareholders.

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