Renewal of fixed assets, which started 2-3 years ago, will keep activating, according to Ameriabank CJSC development director Tigran Jrbashyan.

Legislative amendments adopted by the Armenian government in crisis period, specifically, RA Law on added value, envisaging VAT exemption in case of investing over AMD 300 million, are also contributing to the activation.

Also, Ameriabank development director forecasted favorable perspectives in Armenia’s leasing market.

Ameriabank is the second in Armenian banking system for leasing portfolio volume, grossing around AMD 2 billion.