  Armeriabank to launch large scale project on business financingDecember 8, 2009 - 13:58 AMT PanARMENIAN.Net - Armeriabank has launched a large scale business financing project. The project will stipulate for beneficial crediting terms for enterprises with an annual turnover of AMD 5 million to 5 billion, with a personnel of under 250 people. USD 1.5 million credits are provided both for legal persons and private entrepreneurs. Credits are provided at the annual rate of 12%, for 7 years, including a 2-year grace period.Besides, Ameriabank offers a unique possibility of crediting at preferential terms: credit rate will keep decreasing during the first 3 years of crediting. The project aims at intensifying business activities and development of different sectors in Armenian 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 |  Related sections Latest news Armenia Security Council chief traveling to Qatar  Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar.Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them.Armenian Foreign Minister regrets “tragic loss” of Iranian counterpart The Armenian Foreign Ministry has expressed shock over the death of the Iranian President and the Minister of Foreign Affairs.Armenian PM sends condolences to Iran Prime Minister Nikol Pashinyan sent a message of condolence to the Supreme Leader Seyyed Ali Khamenei. |
