Panarmenian Bank and Ameriabank Executed a Memorandum of Understanding on Cooperation
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Panarmenian Bank OJSC and Ameriabank CJSC executed a memorandum of understanding on cooperation between the two banks. The Memorandum was signed by Vahram Nersisyants, CEO Panarmenian Bank, and Artak Hanesyan, Chairman of Management Board and General Director, Ameriabank.

Within the scope of cooperation the parties will offer joint financing programs. The memorandum of understanding is aimed at enhancement of financing opportunities for enterprises engaged in investment into export-oriented projects.

According to directors of the two banks this cooperation will create long-term financing opportunities, trigger national economy growth, raise the competitiveness of local companies in external market and contribute to the growth of employment rate in Armenia.

The parties will study the prospects of joint financing.

Updated 12.07.2013, 13:57
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