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AMERIABANK FIRST ARMENIAN BANK TO GET RIGHT TO CONFIRM LETTERS OF CREDIT
YEREVAN, May 17. /ARKA/. Ameriabank has become the first Armenian bank
to receive a confirming bank status from the European Bank for
Reconstruction and Development (EBRD) under the Trade Facilitation
Programme (TFP), Ameriabank~Rs press office told ARKA.
According to the report, the respective agreement was signed in
Istanbul on May 9 at a TFP event held by EBRD. Corporate clients
director Gagik Sahakyan signed the document on behalf of Ameriabank.
Head of Ameriabank~Rs trade financing department Suren Kocharyan said
the new status is important for trade development in the region. It
will make confirmation of letters of credits and banking guarantees
maximally accessible to local exporters, he said.
Ameriabank~Rs inclusion on the list of EBRD~Rs confirming banks shows
the bank is a reliable business partner on the international market,
according to the report.
Ameriabank closed joint stock company is a universal bank offering
investment, corporate and retail banking services in a complex
solution package. Ameriabank has been the first investment bank in
Armenia. It has been providing a wide range of innovative banking
services since 2007.~V0~W
YEREVAN, May 17. /ARKA/. Ameriabank has become the first Armenian bank
to receive a confirming bank status from the European Bank for
Reconstruction and Development (EBRD) under the Trade Facilitation
Programme (TFP), Ameriabank~Rs press office told ARKA.
According to the report, the respective agreement was signed in
Istanbul on May 9 at a TFP event held by EBRD. Corporate clients
director Gagik Sahakyan signed the document on behalf of Ameriabank.
Head of Ameriabank~Rs trade financing department Suren Kocharyan said
the new status is important for trade development in the region. It
will make confirmation of letters of credits and banking guarantees
maximally accessible to local exporters, he said.
Ameriabank~Rs inclusion on the list of EBRD~Rs confirming banks shows
the bank is a reliable business partner on the international market,
according to the report.
Ameriabank closed joint stock company is a universal bank offering
investment, corporate and retail banking services in a complex
solution package. Ameriabank has been the first investment bank in
Armenia. It has been providing a wide range of innovative banking
services since 2007.~V0~W