23Jan
Ameriabank concluded the 80th transaction under the EBRD's TFP program
Ameriabank concluded the 80th anniversary transaction under the Trade Facilitation Program (TFP) of the Bank for Reconstruction and Development (EBRD). From the first day of cooperation in 2010 Since September 30, a total of more than 70 million USD trade finance deals have been concluded.
Ameriabank highly values the partnership established by years of experience with such a large international structure, as a result of which an opportunity for financing on flexible terms has been created for many companies representing various sectors of the Armenian economy, including SMEs.
By receiving approval bank status from the EBRD in 2013, Ameriabank gained new capabilities, making it more accessible to local exporters to use trade finance tools such as the approval and servicing of export letters of credit and bank guarantees.
It is also noteworthy that Ameriabank was awarded the "Best Deal" award in May 2014. Each year, only one bank from all banks cooperating with EBRD receives this award.
As a result of the long-term cooperation of Ameriabank and EBRD, projects of key importance for the development of the national economy, particularly aimed at the development of telecommunications, energy, agriculture, trade, industry and other sectors, were signed.