Ameriabank has lent $4.5 billion to Armenian economy since 2008March 19, 2019 - 17:37 AMT PanARMENIAN.Net - President of the Union of Banks of Armenia, Ameriabank CEO Artak Hanesyan told reporters on Tuesday, March 19 that the bank has lent $4.5 billion to the Armenian economy since 2008. Hanesyan said $1.2 billion from the entire sum was spent on financing exports. In 2018 alone, mortgage lending grew by 50% year-on-year, consumer loans doubled, as did the number of customers, while business loans grew by 14%. Ameriabank unveiled two tools offering loans online in 2018, one of which was created to provide no-pledge online loans of up to AMD 10 million to small businesses. Hanesyan also revealed that the bank is going to unwrap two more online tools for businesses and individuals. 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |