  ArmSwissBank provides loans to trade field at 10% annual interest rateJune 17, 2010 - 10:42 AMT PanARMENIAN.Net - ArmSwissBank offers its potential clients refundable and nonrefundable loans under the SME Crediting and Trade Financing programs, due to its cooperation with the European Bank for Reconstruction and Development. Under the SME Crediting program loans are provided at 15% annual interest rate, while under the Trade Financing program – at 10% interest rate for 12 months with the minimum amount of $100,000 in foreign currency, the bank's press service reported. ArmSwissBank provides loans to large, small and medium enterprises.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year  German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year.Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan.Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan.Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |
