  Ameriabank introduces a flexible crediting tool - factoring November 4, 2010 - 17:03 AMT PanARMENIAN.Net - To stimulate small & medium business development in Armenia, Ameriabank has launched a new service – classical factoring. The service will be made available to companies which already signed a supply agreement, drew the invoice, yet will be able to pay the basic sum only within a short period. “We’re ready to assume the liabilities of a debtor for specific interest rate,” Ameriabank Corporate Banking Director Levon Arevshatyan told a news conference in Yerevan. Factoring will be available at the annual rate of 14% for up to 120days. The bank is ready to cover product supply and services for backbone enterprises in Armenia.   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 Erdogan wants “realistic road map” for relations with Armenia  Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia.Armenia-Azerbaijan: Experts launch work on determining coordinates Expert groups from the countries started the process of determining the coordinates based on geodetic measurements.Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of ArmeniaHenrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan. |
