Epress.am News from Armenia
RA President Serzh Sargsyan, meeting with Black Sea Trade and Development Bank (BSTDB) President Andrey Kondakov today, said that all the conditions exist in Armenia for BSTDB’s activities.
Kondakov, in turn, presented the bank’s achievements over the last eleven years, as well as future development programs. He highly praised the active participation of Armenia, one of the shareholders, in assisting in increasing the bank’s capital, considering it political support, which is immensely appreciated, according to the Republic of Armenia president’s official website.
According to the BSTDB president, the increase in capital will allow the bank to expand its activities and produce new projects that will foster the economic development of its member countries.