Yerevan /Mediamax/. European Bank for Reconstruction and Development (EBRD) will provide “Ameriabank” with a new credit line at the volume of $10mln for further funding of small and medium enterprises.

The new credit line of EBRD will allow “Ameriabank” meeting high demand of local companies, which experience lack of funding, “Ameriabank” press service informed Mediamax today.

“Assistance to SME growth is one of EBRD’s priorities in Armenia. The credit, provided to “Ameriabank”, will allow local companies using funding, which is so demanded”, EBRD President Thomas Mirow stated.