WASHINGTON, MARCH 27, NOYAN TAPAN. A 10 million-dollar credit agreement was signed between Ardshininvestbank and WorldBusiness Capital Inc. (the U.S.) at the Armenian embassy in Washington on March 26. The credit is guaranteed by OPIC agency of the U.S. government. It is provided for a 10-year period for a joint program on financing small and medium business. Ardhsininvestbank will invest 2.5 million dollars in the program's implementation. Commenting on the agreement, the Acting Chairman of Ardshininvestbank's Board Gurgen Harutyunian said: "The implementation of the program will contribute to development of small and medium enterprises in Armenia and help them overcome the difficulties caused by the global financial crisis. The bank will continue developing its international cooperation with the aim of attracting financial resources into the Armenian market from outside and assisting with stabilization of the country's economy".

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