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Armenia

EBRD agrees USD5m SME financing deal

The European Bank for Reconstruction and Development (EBRD) is lending USD 5 million equivalent in local currency to Converse Bank for on-lending to micro, small and medium-sized enterprises (MSMEs) in Armenia. (more…)

HSBC Bank Armenia reports over 50 per cent trade...

HSBC Bank Armenia CJSC ensured 53 per cent growth of trade finance (AMD 25 billion) in January-October 2012 on the…


DEG provides Ameriabank with USD20m for SME lending

Armenia's Ameriabank cjsc and DEG (Deutsche Investitions-und Entwicklungsgesellschaft mbH) have completed a USD 20 million loan agreement. The eight year…


Ameriabank see factoring volumes boom

Ameriabank have experienced booming factoring volumes so far this year in the financial market of Armenia. In the first half…


Trade Finance in Armenia – A Country Review

  Suren Kocharyan, Head of the Trade Finance Department Ameriabank CJSC, provides a review of the Armenian trade finance industry covering…

#ADB#bank#Credit Agricole


Ameriabank confirms factoring leadership

By achieving almost a triple growth of its operations in H1 2012 Ameriabank retains in leadership of Armenian factoring market.…


Bank VTB to introduce international factoring in 2012

The Russian-owned Bank VTB (Armenia) has introduced a successful project for recourse factoring and is planning to introduce a non-recourse…


ACBA-Credit Agricole opens new branch in Armenian capital

ACBA-Credit Agricole Bank has opened a new branch in the Armenian capital Yerevan. The opening was attended by chief executive…


VTB Armenia to provide factoring to South Caucasus Railways

Bank VTB (Armenia) and South Caucasus railwayshave  signed factoring cooperation agreement (more…)


Ameriabank launches factoring

To stimulate small and medium business development in Armenia, Ameriabank has launched classical factoring. (more…)


IFC and Inecobank to expand SME trade finance in...

IFC, a member of the World Bank Group, today signed an agreement with Inecobank to further expand access to trade…

#bank#international#microfinance


USAID completes SME finance pilot scheme

The United States Agency for International Development (USAID) has announced the completion of its Financial Sector Stability pilot programme (FSSP),…

EBRD participates in capital increase of Araratbank

The EBRD is increasing its capital in privately-owned Armenian bank ARARATBANK by up to (more…)

#bank#financial services#guarantee

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