GERMAN-ARMENIAN FUND CREDITING INCREASES

November 16 a delegation of the Central Bank (CB) of Armenia headed by bank chairman Tigran Sargsian will leave for Frankfurt to participate in the recurrent meeting of the monitoring council of “German-Armenian Fund” credit program. In the course of the meeting signing of an agreement between the CB and KfW German Development Bank on increasing credit means of the German-Armenian Fund is expected, reported the CB press service.