The European Bank for Reconstruction and Development (EBRD) named Ardshibank as the “Most Active Issuing Bank in Armenia in 2016” under the EBRD’s Trade Facilitation Program (TFP). Ardshinbank won the EBRD award based on the number of deals of trade financing during 2016.
The award was handed to Mr. David Sargsyan, Chief Financial Officer of Ardshinbank during the TFP Awards Ceremony which took place on 9 May 2017 in Nicosia, Cyprus as part of the EBRD Annual Meeting and Business Forum.
“We highly appreciate our cooperation with EBRD in the area of trade financing which enabled us to expand our business geography and increase the number of trade-related transactions. I hope that this award will be a basis for further development and strengthening of our cooperation with the EBRD, "-the Ardshinbank Financial Officer David Sargsyan said.
“Ardshinbank is one of EBRD’s local partner banks, and we are pleased that it is using the TFP very actively. Through the TFP, EBRD aims to boost intra-regional trade and contribute to the development of trade relations between Armenia and its key trading partners.. Developing trade is an important factor of strengthening the local economy,” -said EBRD Director for Financial Institutions in the Caucasus and SEMED Mike Taylor.

The material is copyrighted and protected by law