May 11, 2011 - 15:31 AMT
Commerzbank approves AMD bank guarantee for Ameriabank

Commerzbank international financial structure has approved for the first time ever a bank guarantee in the national currency for armenian bank.

According to the Ameriabank’s press service, the German bank has approved AMD 700mln bank guarantee for Ameriabank, what will allow expanding clients’ financing in foreign trade deals in Armenia.

A similar deal in the national currency, naturally, is an evidence of AMD’s growing role in financial deals, according to Ameriabank.