Ameriabank lent Armenian SME at amount of $30mln in 2010December 16, 2010 - 16:28 AMT PanARMENIAN.Net - Ameriabank Chairman of the Management Board-General Director Artak Hanesyan said that the share of small and medium enterprises (SME) in the total credit portfolio of Ameriabank CJSC makes 25%. Ameriabank managed to attract $65mln for SME lending in 2010, including funds received from the Eurasian Development Bank (EDB), Hanesyan told a press conference in Yerevan on December 16. “We have already allocated $30mln as part of SME lending,” he said. On December 16, Ameriabank CJSC and EDB signed an agreement in Yerevan, under which the Armenian bank will receive a $30mln credit line for financing small and medium enterprises. Hanesyan added that the credit funds attracted by the bank from its partners amounted to $96mln in 2010, while another $30mln was attracted by the bank from the EDB, bringing the total amount to $126mln. 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 | Police try to impede Armenian Church head’s access to war memorial Police tried to stop the supreme head of the Armenian Apostolic Church, Catholicos Karekin II, from visiting a war memorial. Greece says ready to help as Armenia fights flooding consequences Greece is ready to assist Armenia in combatting the consequences of deadly floods in the country’s north. “He will leave”: Protest leader no longer demands meeting with Pashinyan Archbishop Bagrat Galstanyan no longer demands a meeting with Armenian Prime Minister Nikol Pashinyan. Lemkin Institute petition seeks release of Armenians in Azerbaijan The Lemkin Institute is deeply concerned about the continued illegal detention of political prisoners from Karabakh in Azerbaijan. |