Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
1Activity
0 of .
Results for:
No results containing your search query
P. 1
Armenia Feasibility Study

Armenia Feasibility Study

Ratings: (0)|Views: 35|Likes:
Published by p1961th

More info:

Categories:Topics, Art & Design
Published by: p1961th on May 31, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

09/02/2013

pdf

text

original

 
 
DEVELOPMENT OF ASUSTAINABLE MARKET FORHOUSING FINANCEIN ARMENIA:FEASIBILITY STUDY ANDPROJECT DESIGN
 
Prepared for KfW – Kreditanstalt für WiederaufbauPalmengartenstrasse 5-960325 Frankfurt am Main, Germany(49 69) 7431-4743www.kfw.dePrepared byCarol Rabenhorst, Raymond Struyk
The Urban Institute 
Douglas Diamond
Consultant to the Urban Institute 
Friedemann Roy
Bankakademie International 
Stephen Butler 
Jurisconsult LLC 
THE URBAN INSTITUTE
 
2100 M Street, NWWashington, DC 20037(1 202) 833-7200www.urban.org
BANKAKADEMIE INTERNATIONAL
Sonnemannstr. 9-1160314 Frankfurt am Main, Germany(49 69) 154008-613www.international.bankakademie.de September 2005UI Project 07842
 
A
CKNOWLEDGEMENTS
 
The Feasibility Study team received support from many quarters in preparing the study. We wish first torecognize the assistance offered by Stefan Hirche of KfW in Frankfurt, and Karapet Gevorgyan of KfW in Armenia. They provided extremely useful comments and supportive suggestions throughout our work. Our principal counterparts in Armenia, Karen Tamazyan of the Ministry of Finance and Economy, and DavidSargsyan of the Central Bank, were also consistently forthcoming and helpful.The team met with some 45 individuals during the fieldwork to obtain information and insights about theworkings of Armenia’s mortgage sector and financial markets. In addition to meeting with team members,many private bankers also attended one or more of three roundtable discussions on minimum quality stan-dards and contract savings. The names of persons with whom we met and who attended roundtable dis-cussions are listed in Annex 8. These individuals were cooperative, open, and informative, and we aregrateful to them for their time and good ideas.We were fortunate to have strong support for the fieldwork. The Urban Foundation for Sustainable Devel-opment in Yerevan efficiently organized our visit and provided laws and other resource data. In particular,Khachatur Adumyan did a fine job of interpreting and translating, scheduling meetings, adjusting to newrequirements, and providing valuable insights and counsel on the Armenian context. At Urban Instituteheadquarters, Irina Stobetskaya helped with administration of the project, and Sonia Ignatova assisted inpreparation of this report.While these individuals provided invaluable assistance to the team, the authors are solely responsible for the report. The statements herein are the authors’ alone and not necessarily the views of KfW, the UrbanInstitute, Bankakademie International, or Jurisconsult LLC.

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->