  Ameriabank launches program for medium-sized businessesOctober 13, 2009 - 14:14 AMT PanARMENIAN.Net - Ameriabank has announced a new loan program for medium-sized businesses, Corporate Banking Director Levon Arevshatyan said."We have already reached agreement with two international organizations on $20-40 million," he told reporters on Tuesday. "Enterprises with up to AMD 15 million annual income and no more than 250 employees are eligible to participate," he said, adding that 60-70% of the bank's clients are medium-sized companies. The bank offers credits with 8 years maturity period, 3 years grace period and 11% interest rate.   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 |  Related sections Latest news Ucom Celebrates Telecommunication Day  May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865.Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan.Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. |
