Finance

OIL:  BRENT - 45.26+1.91 WTI - 42.14+1.20
COMEX:  GOLD - 2057.00+1.28 SILVER - 27.09+4.31
COMEX:  PLATINUM - 996.00+4.37
LME:  ALUMINIUM - 1748.50+1.54 COPPER - 6435.00-0.07
LME:  NICKEL - 13933.00+0.92 TIN - 17860.00+0.21
LME:  LEAD - 1852.50-0.46 ZINC - 2315.50+0.19
FOREX:  USD/JPY - 105.51-0.07 EUR/GBP - 1.1875+0.50
FOREX:  EUR/USD - 1.1875+0.50 GBP/USD - 1.3132+0.32
STOCKS RUS:  RTSI - 1295.27+2.79
STOCKS US: DOW JONES - 27201.52+1.39 NASDAQ - 10998.40+0.52
STOCKS US: S&P 500 - 3327.77+0.64
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STOCKS CHINA:  HANG SENG - 24930.58-0.69 SSEC - 3386.46+0.26
STOCKS EUR:  FTSE100 - 6104.72+1.14 CAC40 - 4933.34+0.90
STOCKS EUR:  DAX - 12660.25+0.47
06/08/2020  CBA:  USD - 485.18-0.34 GBP - 639.27+1.83
06/08/2020  CBA:  EURO - 575.37-0.26
06/08/2020  CBA:  GOLD - 31948.88+1,074.20 SILVER - 420.31+40.52
06/08/2020  CBA:  PLATINUM - 15052.94+832.39
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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
10:35 06/08 Buy Sell
AMD / USD 483.50 487.00
AMD / EUR 573.00 579.00
AMD / RUR 6.63 6.74
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dollars
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06/08/2020
USD / AMD
485.18
-0.34%
EUR / AMD
575.37
-0.26%
RUR / AMD
6.62
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GBP / AMD
639.27
+1.83%
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11674.56
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396.97
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292.22
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58.37
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ETH/BTC
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BCH/BTC
0.02503051
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XRP/BTC
0.00002587
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LTC/BTC
0.00499991
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CBA Metals
06/08/2020
dram / gram
Gold
31948.88
+1,074.20%
Silver
420.31
+40.52%
Platinum
15052.94
+832.39%
FOREX
09:08 06/08
EUR/USD
1.1875
+0.50%
GBP/USD
1.3132
+0.32%
USD/JPY
105.51
-0.07%
EUR/GBP
0.9039
+0.16%
Oil
09:08 06/08
$ / barrel
Brent
45.26
+1.91%
Light Sweet
42.14
+1.20%
COMEX
09:08 06/08
$ / tr. oz
Gold
2057.00
+1.28%
Silver
27.09
+4.31%
Platinum
996.00
+4.37%
LME / 3M
09:08 06/08
$ / tonne
Aluminium
1748.50
+1.54%
Copper
6435.00
-0.07%
Nickel
13933.00
+0.92%
Tin
17860.00
+0.21%
Lead
1852.50
-0.46%
Zinc
2315.50
+0.19%
Molybdenum
16094.00
+0.00%
Cobalt
33200.00
+8.85%
Indexes
09:08 06/08
point
Dow Jones
27201.52
+1.39%
S&P 500
3327.77
+0.64%
NASDAQ
10998.40
+0.52%
FTSE
6104.72
+1.14%
CAC 40
4933.34
+0.90%
DAX
12660.25
+0.47%
RTSI
1295.27
+2.79%
Nikkei
22418.15
-0.43%
Topix
1549.88
-0.31%
Hang Seng
24930.58
-0.69%
SSEC
3386.46
+0.26%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
4.50
+0.00%
Lombard Repo
Lombard Repo Rate
6.00
+0.00%
Deposit
Deposit Rate
3.00
+0.00%
Macroeconomy
03/2020
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
585.21
+4.20%
Export 1
Export
692.5
-8.10%
Import 1
Import
1,323.4
-11.50%
CPI
Consumer price index
+0.1
Avg. Salary 2
Average salary
191,623
+9.30%
Services 3
Volume of services
585.44
+0.1%
Construction 3
Volume of construction
54.03
-21.9%
1 - mln AMD, 2 - AMD, 3 - bln AMD