YEREVAN, April 9. \/ARKA\/. Armswissbank said it offers trade financing facilities at 8-10% interest rate as part of its cooperation with EBRD.<\/p>\n
Under a January 27 agreement, signed by EBRD and Armswissbank, EBRD increased the availability of financing to private businesses in Armenia with a $5 million credit line and a $3 million trade finance facility to Armswisbank for on-lending to small and medium companies.<\/p>\n
Established in 2004, ArmSwissBank is a dynamically growing financial institution, operating as a private, corporate and investment bank, with a strong emphasis on brokerage services and liquidity management to the Armenia\u2019s financial sector.<\/p>\n
As of December 31, 2009 its assets stood at 29.7 billion Drams, liabilities at 21.6 billion Drams, total capital at 8.1 billion Drams, the authorized capital was 7 billion Drams, credit investments \u2013 10.4 billion Drams, customer liabilities \u2013 8.6 billion Drams. Last year the bank earned 553.2 million Drams in net profit. ($1- 399.45 Drams).\u00a0 -0-<\/p>\n","protected":false},"excerpt":{"rendered":"
Armswissbank said it offers trade financing facilities at 8-10% interest rate as part of its cooperation with EBRD.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12458,12508,308],"class_list":{"0":"post-9914","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-armenia-2","9":"tag-armswissbank","10":"tag-trade","11":"tag-308"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/9914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=9914"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/9914\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=9914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=9914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=9914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}