EBRD provides Ameriabank with new $ 10 million credit lineMarch 22, 2010 - 15:09 AMT PanARMENIAN.Net - The European Bank for Reconstruction and Development EBRD provides Ameriabank with a new credit line for on-lending to small and medium enterprises (SMEs) in the amount of $ 10 million, press office of the Bank reported. "Small and Medium Enterprise support is one of the main priorities of EBRD in Armenia," EBRD President Thomas Miro said. According to chairman of the Directorate - General Director of Ameriabank Artak Hanesyan, the new funding provided to Ameriabank will help to meet the growing demand for lending among SME in Armenia and stimulate further development of the economy. 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 | Putin congratulates Pashinyan’s birthday Russian President Vladimir Putin congratulated Armenian Prime Minister Nikol Pashinyan on his birthday on June 1. Opposition motorcade en route to Gyumri for large rally A motorcade of protesters headed by Archbishop Bagrat Galstanyan is heading to the city of Gyumri. Ruling MPs, Foreign Minister talk Armenia-Azerbaijan processes MOs from the ruling Civil Contract party met with the Foreign Minister Ararat Mirzoyan in the Armenian parliament. Russia: Armenia’s frozen membership weakens CSTO position in Caucasus A Russian envoy said any step that could alienate the CSTO member states from each other is “deeply wrong”. |