Commerzbank approves AMD bank guarantee for AmeriabankMay 11, 2011 - 15:31 AMT PanARMENIAN.Net - 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. 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 | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |