Ameriabank inks $20m loan agreements with responsAbility, GCPFDecember 16, 2021 - 17:12 AMT PanARMENIAN.Net - Ameriabank has signed $20 million loan agreements with responsAbility Investments AG and the Global Climate Partnership Fund (GCPF) aimed at financing small and medium size enterprises and green projects in Armenia. Artak Hanesyan, Ameriabank CEO, commented: “As an impact-aware financial institution, we constantly work on improving our environmental footprint further, and we are delighted to have our long-standing partners at ResponsAbility and GCPF with us on this journey. SME financing and green projects in particular are a priority for us, and with these facilities we will be able to expand access to finance for Armenian SMEs at the same time ensuring positive environmental impact.” “Together with the Global Climate Partnership Fund, responsAbility is glad to support Ameriabank with long term Senior Loans. The latter is a long-standing partner and one of our largest exposures worldwide. We look forward to, through this funding, strengthen our support to local SME’s and green projects, and thus contribute to the economic recovery of Armenia, following the dual shock witnessed in 2020,” commented Younes Bouaziz, Senior Investment Officer, responsAbility, MENA and Caucasus. 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 | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |