Mon, 16 June
27.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Ameriabank becomes bank confirming letter of credit of Kazakhstan’s leading bank

YEREVAN, November 30. /ARKA/. Ameriabank announced an unprecedented for the Armenian bank deal appearing not only as the bank issuing a letter of credit, but also the confirming bank.

Ameriabank said Friday it had confirmed the letter of credit of Kazakhstan’s leading bank, a member of the largest banking group.

This will promote the domestic export as well as step up the export markets, according to the source.
Being recognized as a reliable and loyal partner at the financial market, Ameriabank gets an opportunity to actively cooperate with foreign major banks expanding financing of commercials deals of its clients. Within 10 months the total volume of the bank’s letters of credit stood at 19 billion drams, which is 124% higher from the analogical period.

Ameriabank is a universal bank providing investment, corporate and limited retail banking services. Ameriabank is the first investment bank in Armenia. It has been offering a broad range of innovative banking services since 2007.—0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Modern French language class opened in Mastara village school with the support of the Stepan Gishyan Foundation

Students of the Mastara village school in Aragatsotn region now have the opportunity to study French in a fully equipped classroom equipped with all the multimedia capabilities, the press service of Acba Bank reports.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Digital dram to be one of the items on the analytical agenda in Armenia – Central Bank Chairman

The digital dram will be one of the items on the analytical agenda in Armenia, said Martin Galstyan, Chairman of the Central Bank of the Republic.

Central Bank of Armenia will develop a by-law for the implementation of the law “On crypto assets”

The Central Bank of Armenia will begin work on developing a by-law after the adoption of the law "On crypto assets", said the head of the regulator Martin Galstyan, answering a question from the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img