AMERIABANK TO GRANT RURAL CREDITS

PanARMENIAN.Net
11.05.2009 21:04 GMT+04:00

/PanARMENIAN.Net/ The Millennium Challenge Account has provided
Ameriabank with credits to finance rural areas development. Loans can
be granted to Armenian regions with the exception of Gegharkunik and
Tavush which were included in rural roads repair program launched by
the Millennium Challenge Account.

The loans will amount from AMD300 000 to AMD10.5million with 2-7
years maturity period and up to 12% annual percentage rate.