Ameriabank placed USD 20 million in debt securities through responsAbility Investments AG - News | Ameriabank
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13Jun

Ameriabank placed USD 20 million in debt securities through responsAbility Investments AG

13 Jun, 2016 | Press release, All | Return|

On June 10 of this year, Ameriabank, through its investment manager, responsAbility Investments AG, successfully placed a debt security with a total volume of USD 20 million between four Luxembourg investment funds.

Those funds investing in the markets of developing countries highly appreciated Ameriabank's credit rating, reputation in the international capital market, high financial indicators, flexible business model, exemplary corporate management system, as well as the low level of transaction risk, as a result of which they acquired the Bank's debt securities. in volume.

The funds obtained from the placement of securities will be directed to lending to small and medium-sized enterprises in Armenia, financing renewable energy and energy efficiency projects. This financing will contribute to the further expansion and development of the activities of SMEs, increase of competitiveness, creation of new jobs. Financing for renewable energy and energy efficiency projects will promote the sustainable development of the sector and contribute to energy saving in the country.

Ameriabank highly appreciates the creation of this new partnership with responsAbility Investments AG, which will be essential for the development of these sectors and the entire national economy.