Ameriabank news

Greenhouse farms, one of the developing sub-branches of agriculture, are in the focus of Ameriabank's attention. On May 15, a greenhouse with an area of 10.5 ha will be opened in Goght village of Kotayk region, the majority of which was financed by Ameriabank.

The construction of the greenhouse is the initiative of "Armyanskiy Urazhai LLC", which started in 2014. In total, 30 ha of earthworks have been done, but, as mentioned, only a greenhouse with an area of 10.5 ha will be put into operation for now. In Goht's greenhouse, it is planned to grow vegetable crops, mainly tomatoes, peppers and cucumbers, which will be almost entirely exported mainly to the Russian Federation. It should be noted that 300 jobs will be created with the opening of this greenhouse economy.

Agriculture has been the leading branch of the RA economy since 2010. In 2014, the share of agriculture in GDP was 19.3%. In recent years, the development of industrial agriculture, particularly horticulture, fish farming and, especially, greenhouse farms, has played a major role in the development of this sector. Ameriabank's credit portfolio is the largest in the banking system in terms of lending to the latter. it is about 40 million US dollars.