Tigran Jrbashyan: no serious decrease in interest rate on credits
expected in 2010

06.03.2010 11:23 GMT+04:00

/PanARMENIAN.Net/ Provision of anti-crisis financing is the primary
task for Armenian banking system, according to Ameriabank development
director Tigran Jrbashyan .

`While trying to overcome the crisis, we face a rising demand for loan
resources, entailing significant activation in loan market. To this
end, Ameriabank has scheduled a serious program on allocation of USD
80 million within current year,’ he told a news conference in Yerevan.

Tigran Jrbashyan did not forecast any serious decrease in interest
rate on credits in 2010, explaining the latter by bank’s stiffened
monetary policy, caused by the threat of inflation.

Ameriabank is an investment bank offering corporate, investment, and
limited retail services in the form of an integrated package.
Ameriabank’ strategic partner is "Troika Dialog" – one of the largest
investment banking companies in Russia.