All opportunities available in Armenia for BSTDB activity - President
Armenian President Serzh Sargsyan received the Chairman of the Black Sea Trade and Development Bank (BSTDB) President Andrey Kondakov, President’s press service informed.
President Sargsyan congratulated Andrey Kondakov on being elected Chairman of a renowned financial institution like the Black Sea Trade and Development Bank and expressed confidence that Bank’s cooperation with Armenia would continue expanding. Serzh Sargsyan said all opportunities exist in our country for BSTDB activity. He welcomed the Bank’s policy of financing the real sector of economy.
Andrey Kondakov presented the achievements of the eleven years of the Bank’s activity. He highly appreciated the active participation of Armenia, one of the shareholders, in the increase of the BSTDB capital. According to him, the increase of the capital will enable the Bank to expand its activity and come forth new projects to foster the economic development of its member countries.