Armenia

At end 2010, BSTDB active portfolio in Armenia amounted to 10 operations approved by the Board of Directors (BoD), involving an investment of EUR 52.7 million. Armenia ranks ninth in terms of BoD approved operations, with 4.6% of the total portfolio and signed operations with 5.2% of the total portfolio. The country ranks sixth in terms of outstanding financing, with 5.9% of the total portfolio.

 

Based on the 2011- 2014 Business Plan, the Bank would expect on average to approve new operations in Armenia for approximately EUR 10-15 million per year or approximately EUR 51 million over the four year period.