  Ameriabank trade financing agreements’ number grows twice over January –August 2010 August 18, 2010 - 18:38 AMT PanARMENIAN.Net - In January –August 2010, the number of Ameriabank trade financing agreements grew twice; bank portfolio increased by 1,2 times to comprise AMD 9,6 billion. Starting 2009, Ameriabank has been actively developing commercial and crediting financing tools. Commercial-crediting guarantees provided by IFC (USD 10 million), EBRD (USD 2 million) as well as USD 10 million crediting from various foreign banks and financial organizations contributed to the process, allowing to increase crediting for foreign commercial transactions. In the second quarter of 2010, Ameriabank guarantees’ portfolio increased by 1,6 times compared with 2009, to comprise AMD 6,7 billion. Crediting portfolio has shown a record growth, increasing by 56 times to gross AMD 2,4 billion.   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 |  Latest news Power of One Dram sums up two-year program with Teach for Armenia  Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for childrenArmenia, India hold first defense consultations The meeting was attended by Indian Ambassador Nilakshi Saha Sinha and Defense Attaché Brigadier General Naveen Nijhawan.Civil disobedience campaigns continue in Yerevan People demanding Prime Minister Nikol Pashinyan’s resignation again blocked streets in Yerevan on May 15.Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan. |
