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Ameriabank is going to attract 40 mln USD loans from international organizations in 2014

  • Saturday, February 1, 12:17

In 2014 Ameriabank is going to attract USD 40mln loans from international organizations, Artak Hanesyan, Chairman of the Management Board-Director General of Ameriabank CJSC, said at a press conference on Friday.

He said that in 2013 the Bank promoted its cooperation with international financial organizations, having concluded loan agreements worth a total of $42 mln, particularly, with the EBRD ($12 mln), PROPARCO Development Financial Institution ($15 mln), Development Bank of Austria (OeEB) ($15 mln). As of late 2013, the portfolio of the Bank's international loans totaled $273 mln. "These programs are mostly aimed at supporting SMEs, financing energy efficiency projects and renewable energy projects", said Hanesyan.

Ameriabank CJSC is a universal bank offering corporate, investment and retail banking services in a comprehensive package of banking solutions. Ameria Group CY Ltd. has been the majority shareholder of the Bank (with a 99.99% stake) since November 2011.  

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