EBRD provides Ameriabank with new $ 10 million credit lineMarch 22, 2010 - 15:09 AMT PanARMENIAN.Net - The European Bank for Reconstruction and Development EBRD provides Ameriabank with a new credit line for on-lending to small and medium enterprises (SMEs) in the amount of $ 10 million, press office of the Bank reported. "Small and Medium Enterprise support is one of the main priorities of EBRD in Armenia," EBRD President Thomas Miro said. According to chairman of the Directorate - General Director of Ameriabank Artak Hanesyan, the new funding provided to Ameriabank will help to meet the growing demand for lending among SME in Armenia and stimulate further development of the economy. 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 | 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. |