  Ameriabank named one of trade financing transactions leaders in Armenia February 14, 2011 - 12:50 AMT PanARMENIAN.Net - In 2011, Ameriabank CJSC continues expanding trade financing cooperation with international structures and leading foreign banks. The bank has already established a limit of USD 40million within the framework of cooperation with foreign banks including Citibank, BNP Paribas, Commerzbank, Ameriabank press service reported. A line of credit to implement trade financing transactions to the amount of USD 8 million was recently granted by Citibank and BNP Paribas, allowing to significantly expand possibilities of bank clients. To manage a daily cash flow, Citibank allocated a credit line of USD 5 million to the bank.   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 Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.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. |
