July 1, 2011 - 15:35 AMT
Factoring services gain popularity among Ameriabank clients

The number of Ameriabank cjsc clients using factoring services increased by 47% in the first half of 2011.

As the bank press office says, the volume of Ameriabank’s factoring services in the first half of 2011 increased by 32%, as compared to the same period in 2010. Besides, the index increased by 48% in the second quarter of 2011 as against the first quarter.

Starting from November 2010, apart from standard factoring, Ameriabank also offers classic factoring service (factoring financing excluding recourse right), within the framework of which the bank obtains money claims of a range of companies’ suppliers (included in the bank’s list). According to the message, the list is constantly supplemented. Information in available on the bank’s website: www.ameriabank.am.

To develop factoring services, Ameriabank cjsc cooperates with large trade networks, industrial companies and enterprises rendering public services.