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 | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |