International Bank conference in Yerevan

26/02/2006

The European Bank for Reconstruction and Development (EBRD) and the “ArmEconomBank” (AEB) have taken the initiative of organizing a trade financing international bank conference, which will take place on March 28-30 at the “Armenia-Marriot” hotel. According to head of the Strategy and Risks Department of the AEB and member of the conference committee Anahit Simonyan, the major sponsors for the event are the EU and AEB. Other sponsors include “ICC”, “IBSI”, “Citigroup” and “Grant Thornton Amyot” companies, as well as local and international media. Although this is the first international conference organized by the EBRD in the region, however, A Simonyan hopes that there will be more conferences in the years to come. The members of the conference include the Central Bank of Armenia, the Ministry of Finances and Economy, the Traders and Businessmen Union, the Union of Banks of Armenia, trade banks, international banks part of the AEB, as well as large importing and exporting companies. During the conference, representatives from the “Citibank N.A.”, “Commerzbank AG Frankfurt”, “Lloyds TSB Bank PLC” and the EBRD, the representative of the ICC will all make their speeches. Representatives from Armenia’s Central Bank, the Ministry of Economy and Finances, the Ministry of Trade and Economic Development, the AEB and the “Grant Thornton Amyot” company will also make speeches. During the conference days, the foreign guests will also have a chance to go sightseeing in Armenia and get better acquainted with Armenian culture.

K.T.