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Ameriabank attracts long-term financial resources from Austrian Development Bank

31.03.2020, 18:35
Ameriabank, using new and flexible opportunities, has attracted long-term financial resources from the Austrian Development Bank  in the amount of $30 million.
Ameriabank attracts long-term financial resources from Austrian Development Bank
YEREVAN, March 31. /ARKA/. Ameriabank, using new and flexible opportunities, has attracted long-term financial resources from the Austrian Development Bank  in the amount of $30 million.

According to the press service of the bank, the funds will be used to finance projects in the field of small and medium-sized businesses (SMEs), as well as renewable energy and energy saving projects.

The bank said this long-term financing will create new development opportunities for SMEs and help the difficulties arising from the current crisis.

According to the bank, the credit funds that will be used to finance renewable energy projects will  contribute to the sustainable development of the Clean Energy sector, as well as increase the efficiency of energy consumption by enterprises and  households.

Ameriabank CJSC is one of the fastest growing digital banks in Armenia, one of the most stable and largest financial institutions. Being the first investment and universal bank in the country, Ameriabank provides a wide range of innovative corporate, investment and retail banking services in a comprehensive package. In 2019, Ameriabank was the leading bank in Armenia in terms of all key indicators such as assets, liabilities, loan portfolio, net profit and capital). 

The Bank is supervised by the Central Bank of Armenia. -0-