Ameriabank continues crediting, hardens solvency assessmentFebruary 18, 2015 - 18:13 AMT PanARMENIAN.Net - Despite recent rumors that some Armenian banks won’t be providing loans over fluctuations on the U.S. dollar rate, Ameriabank never stopped granting them, having only slightly changed its crediting policies, Ameriabank CEO said. As Artak Hanesyan noted, special programs are being developed to alleviate difficulties caused by foreign currency fluctuations. Here belongs prolongation of maturity period, with the established level of payments retained. As for the extension of loans, there’s some caution practiced in assessing the solvency of the creditor. As Ameriabank Development Director Tigran Jrbashyan noted in this context, active crediting was followed by a drop in the income. “Current uncertain economic situation doesn’t allow for growing incomes, with increase in effectively on the agenda of all banks.” “With the relativity in the incomes and expenditures, which, where minor Armenian banks are concerned, amounts to 60-80%, the banks’ enlargement program might become a healthy trend.” “The problem will be among the most burning ones with small banks, so the latters will be ready to unite as soon as this year. Larger banks will remain more effective and competitive,” Jrbashyan said. 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 | About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty. Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |