Finance

OIL:  BRENT - 75.71-0.36 WTI - 69.75-0.50
COMEX:  GOLD - 1995.50+0.82 SILVER - 23.25+0.69
COMEX:  PLATINUM - 991.10-0.56
LME:  ALUMINIUM - 2326.00+1.73 COPPER - 9031.00+1.60
LME:  NICKEL - 22517.00+0.25 TIN - 24348.00+4.07
LME:  LEAD - 2126.00+0.47 ZINC - 2907.00+1.43
FOREX:  USD/JPY - 130.34-0.28 EUR/GBP - 1.0822-0.65
FOREX:  EUR/USD - 1.0822-0.65 GBP/USD - 1.2277-0.26
STOCKS RUS:  RTSI - 989.43+0.96
STOCKS US: DOW JONES - 32105.25+0.23 NASDAQ - 11787.40+1.01
STOCKS US: S&P 500 - 3948.72+0.30
STOCKS JAPAN:  NIKKEI - 27385.25-0.13 TOPIX - 1955.32-0.10
STOCKS CHINA:  HANG SENG - 19915.68-0.67 SSEC - 3265.65-0.64
STOCKS EUR:  FTSE100 - 7499.60-0.89 CAC40 - 7139.25+0.11
STOCKS EUR:  DAX - 15210.39-0.04
24/03/2023  CBA:  USD - 388.07-0.26 GBP - 473.33-4.04
24/03/2023  CBA:  EURO - 416.17-6.14
24/03/2023  CBA:  GOLD - 24678.37+340.54 SILVER - 285.72+6.74
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EBRD deepens green finance in Armenia
20/02/2019 12:08

EBRD deepens green finance in Armenia

EBRD and Green Climate Fund extend €2.5 million loan to ArmSwissBank for on-lending to small businesses and continues to work with Ameriabank on already existing credit line.

– EBRD and Green Climate Fund are co-financing new GEFF programme in Armenia

– Ameriabank is the first bank in Armenia to receive EBRD energy efficiency credit line

– ArmSwiss Bank receives €2.5 million energy efficiency loan for on-lending to SMEs and business

– Loan will help clients investing in energy efficiency and water efficiency

Intensifying the efforts to strengthen energy efficiency in Armenia the EBRD is launching a new Green Economy Financing Facility for the country, co-financed by the Green Climate Fund (GCF).

Small and medium-sized enterprises (SMEs) and corporates will benefit from a €2.5 million loan to ArmSwiss Bank, the second bank to join GEFF in Armenia after successful start of credit line with Ameriabank. Funding will be available for investments in green technology, especially in climate adaptation and mitigation technologies. Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems. Businesses can identify typical green technologies available in Armenia through the GEFF Technology Selector.

Companies interested in securing a loan for green technologies may also benefit from investment incentives funded by the Climate Investment Funds (CIF). The GEFF includes a comprehensive technical advisory package, co-financed by the GCF, helping to originate and verify green investment opportunities.

The new GEFF programme in Armenia was launched in Yerevan today during an event which brought together GEFF stakeholders including donors, local state officials, local partner financial institutions, suppliers and producers of green technologies for the residential sector to mark the start of the new programme. The EBRD was represented by its Head of Armenia, Dmitri Gvindadze, who commented: “Developing the financial sector and improving access to green finance is one of our key priorities in Armenia. We are pleased to work with Ameriabank and ArmSwissBank to support both energy efficiency and water resource efficiency investments. Today, we have partnered with the ArmSwissBank which has a strong client base, we can better reach out to private sector players both in Yerevan and in the regions.”

The GEFF programme will contribute towards building a green economy in Armenia by supporting the expansion of green finance in accordance with the EBRD Green Economy Transition (GET) approach.

Since the start of its operations in Armenia in 1992, the EBRD has invested €1.2 billion in 168 projects in the country’s financial, corporate, infrastructure and energy sectors, with 88 per cent of investments in the private sector.

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AMD Rates
10:30 24/03 Buy Sell
AMD / USD 387.00 390.00
AMD / EUR 417.00 425.00
AMD / RUR 5.03 5.13
dollars
dollars
CBA Rates
24/03/2023
USD / AMD
388.07
-0.26%
EUR / AMD
416.17
-6.14%
RUR / AMD
5.07
-0.03%
GBP / AMD
473.33
-4.04%
Cryptocurrencies
10:30 24/03
BTC/AMD
11,004,018
+2.36%
BTC/USD
28336.77
+2.32%
ETH/USD
1815.20
+3.37%
BCH/USD
128.91
+1.28%
XRP/USD
0.437417
+2.26%
LTC/USD
95.46
+8.79%
BNB/USD
325.90
+0.57%
DOGE/USD
0.076763
+2.60%
ETH/BTC
0.064054256
+1.07%
BCH/BTC
0.004548851
-0.98%
XRP/BTC
0.000015435
-0.02%
LTC/BTC
0.00336868
+6.37%
BNB/BTC
0.011500231
-1.67%
DOGE/BTC
0.000002709
+0.33%
CBA Metals
24/03/2023
dram / gram
Gold
24678.37
+340.54%
Silver
285.72
+6.74%
FOREX
09:50 24/03
EUR/USD
1.0822
-0.65%
GBP/USD
1.2277
-0.26%
USD/JPY
130.34
-0.28%
EUR/GBP
0.8813
-0.40%
Oil
09:50 24/03
$ / barrel
Brent
75.71
-0.36%
Light Sweet
69.75
-0.50%
COMEX
09:50 24/03
$ / tr. oz
Gold
1995.50
+0.82%
Silver
23.25
+0.69%
Platinum
991.10
-0.56%
LME / 3M
09:50 24/03
$ / tonne
Aluminium
2326.00
+1.73%
Copper
9031.00
+1.60%
Nickel
22517.00
+0.25%
Tin
24348.00
+4.07%
Lead
2126.00
+0.47%
Zinc
2907.00
+1.43%
Molybdenum
65807.91
-3.34%
Cobalt
34180.00
+0.00%
Indexes
09:50 24/03
point
Dow Jones
32105.25
+0.23%
S&P 500
3948.72
+0.30%
NASDAQ
11787.40
+1.01%
FTSE
7499.60
-0.89%
CAC 40
7139.25
+0.11%
DAX
15210.39
-0.04%
RTSI
989.43
+0.96%
Nikkei
27385.25
-0.13%
Topix
1955.32
-0.10%
Hang Seng
19915.68
-0.67%
SSEC
3265.65
-0.64%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
10.75
+0.00%
Lombard Repo
Lombard Repo Rate
12.25
+0.00%
Deposit
Deposit Rate
9.25
+0.00%
Macroeconomy
01/2023
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
177.7
+1.40%
Export 1
Export
572.8
+130.0%
Import 1
Import
727.1
+72.5%
CPI
Consumer price index
+8.10
Avg. Salary 2
Average salary
249,278
+22.0%
Services 3
Volume of services
216.0
+25.9%
Construction 3
Volume of construction
16.0
+12.2%
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