Ameriabank doubles SME crediting in 2011 January 30, 2012 - 13:37 AMT PanARMENIAN.Net - In 2011, Ameriabank CJSC allocated AMD 18,9 bln in M&S businesses crediting, increasing 2010 figure 2,5 times to achieve 11,2% growth. At a news conference in Yerevan, Ameriabank development director Tigran Jrbashyan noted significant progress in retail line, with physical persons’ credit investments increasing 56% to total AMD 22 bln by yearend. As he further noted, the bank’s credit investments grew by 50% in 2011 to gross AMD 135,9 bln, providing 10,8% share. Ameriabank leads Armenian economy crediting, having allocated AMD 112 bln in 2011 to increase the figure twice since 2010. The bank’s client base lists 32000 physical persons, (with 40% growth against 2010) and 2830 legal persons. 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. |