Portfolio of Unibank business loans exceeded AMD 48.4bln in 2010February 14, 2011 - 16:38 AMT PanARMENIAN.Net - The portfolio of Unibank loans provided to small and medium enterprises amounted to AMD 48.4bln by the end of 2010 that is 25% higher compared to 2009. The bank press service reported that the number of allocated business loans has doubled over a year. The bank envisages increasing the volume of lending by AMD 10bln in 2011 due to development and introduction of new credit products. 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 |