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 | 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. |