Ameriabank lent Armenian SME at amount of $30mln in 2010December 16, 2010 - 16:28 AMT PanARMENIAN.Net - Ameriabank Chairman of the Management Board-General Director Artak Hanesyan said that the share of small and medium enterprises (SME) in the total credit portfolio of Ameriabank CJSC makes 25%. Ameriabank managed to attract $65mln for SME lending in 2010, including funds received from the Eurasian Development Bank (EDB), Hanesyan told a press conference in Yerevan on December 16. “We have already allocated $30mln as part of SME lending,” he said. On December 16, Ameriabank CJSC and EDB signed an agreement in Yerevan, under which the Armenian bank will receive a $30mln credit line for financing small and medium enterprises. Hanesyan added that the credit funds attracted by the bank from its partners amounted to $96mln in 2010, while another $30mln was attracted by the bank from the EDB, bringing the total amount to $126mln. 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 | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |