One of the main tasks of EBRD
is to ensure stable development of Azerbaijan's non-oil sector by investing in small and medium-sized private enterprises.
President said that they are committed to improving the business climate and that the signing of the MoU is a sign that EBRD
attaches importance to the achieved goals in BiH, and pointed out that the list of projects that are ready for implementation is encouraging.
Ayten Rustamova, EBRD
Head of Office in Tajikistan, said: "We would like to welcome our long-term partner, the FMFB, to the EBRD
's Risk Sharing Facility.
has made great efforts to increase funding for the private sector, infrastructure, financial, and other sectors in the countries of Central Asia, particularly in Kyrgyzstan.
According to the announcement, EBRD
projects will aim to strengthen the financial sector, making it more robust to future shocks and improving its governance.
When asked by ArmInfo whether the EBRD
is planning new investments in the capital of Armenian banks in 2014, Davis
Watch the interview with the First Vice President of EBRD
is already considering a request by Egypt to become a country of operations and Morocco, another EBRD
shareholder, has more recently expressed a similar interest in becoming a recipient of investments by the bank.
has announced that it would purchase a 15 per cent stake in Russia-based SDM Bank.
has already launched talks with the country's government on possible legislation amendments, he added.
, which revised down the 2009 economic forecasts for central and eastern European countries, expects fragile recovery in 2010.
According to an announcement on 28 November, the details of the co-financing arrangements are laid down in a Memorandum of Understanding which is to be signed before the end of the year between the European Commission, the EIB and the EBRD