Ameriabank with SYMBIOTICS SA (Switzerland) and MICRO, SMALL & MEDIUM ENTERPRISES BONDS S.A. (Luxembourg) financial institutions has signed a $ 11.5 million loan agreement to finance micro, small and medium-sized enterprises. As reported by the press service of the Bank, in the future the amount of financing will be increased in the amount of 10 million USD, in freely convertible currency or AMD.

Chairman of the Board of Directors of Ameriabank Artak Hanesyan noted: "We are pleased to announce the start of a new micro, small and medium-sized enterprise financing project. Financing SMEs is one of the prior strategic directions of Ameriabank. We are glad to acquire a new partner in the person of Symbiotics, with which we conclude the first contract, hoping to further develop mutually beneficial cooperation. "Credit means are directed to the financing of micro, small and medium-sized enterprises of Ameriabank.

Symbiotics Investments Director Daniel Shriber said: "We are also glad to lay the foundation for partnership with such authoritative and innovative organization as Ameriabank. We look forward to a valuable partnership within which we will focus our efforts on the development of micro, small and medium enterprises in Armenia."

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