HERE AND BEYOND
Commerzbank approves first AMD-denominated transaction in Armenia
Media Room

First ever in Armenia a leading international financial institution has issued a bank guarantee in Armenian currency.

Commerzbank has approved a 700 million AMD bank guarantee to be issued to Ameriabank for trade finance purposes.

This unique deal will enable the bank to enhance financing to support foreign trade transactions by becoming a solid evidence of Armenian dram’s expanding role in the financial deals. 


Ameriabank will continue its most active cooperation with IFIs and prominent foreign banks to boost trade financing in the country. 

Updated 20.05.2011, 18:37
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