SME Banking Club’s Caucasus’19 conference features AmeriabankMay 18, 2019 - 13:40 AMT PanARMENIAN.Net - The SME Banking Club held Caucasus’19, the fifth annual regional banking conference in Caucasus region, in Tbilisi, in the course of which Ameriabank successfully presented a scoring system for online business loans for SMEs.s Those behind the conference awarded certificates to the most innovative banks of 2018, with Ameriabank being one of them. Ameriabank representatives presented the advantages of online loans provided through the scoring system and the impressive results the bank has seen in the 5 months of introducing the service. The total volume of online loans provided through the new scoring system in just 5 months amounted to 89% in the SME retail loan portfolio and 94% of all the the SME loans provided, while SME customers grew by 60%. SMEs can apply for AMD 1-10 million loans without visiting the bank, while the loans are provided without any loan disbursement fee or a pledge of real estate. Legal entities first need to register on the online platform, specify the type, currency and size of the loan, fill in the details of the organization or owner, personal data and confirm the application. The answer will arrive within 5 minutes. The system gives bank account holders the opportunity to file a loan application, get in touch with the bank and sign the loan agreement online. 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 | 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. |