By Asbarez | Sunday, 30 November 2014
According to the press release, the financing offers credit products with available flexible terms, including finance of trade orders and various trade finance instruments.
“Ameriabank acts as an advisor partner offering the most appropriate financial tools for different stages of financing,” says a statement from the bank.
Ameriabank said Kaga Ago ltd, founded in January of this year, has been provided already with a $4 million loan for the construction of greenhouses by using Dutch technology on 2,322 hectares.
The press release said also that the findings of an Ameria management consulting company’s study called “Development of industrial agriculture in Armenia,” shows that the greater part of greenhouses in Armenia are too small, and their low productivity and efficiency prevent the development of greenhouses in the country.
Small greenhouses mostly use technologies that help reduce labor costs, while large greenhouses use technology aimed at growth, thereby increasing productivity.
According to American experts’ forecasts, in the coming years the development of this sub-sector will be driven mainly by large greenhouses which use advanced technology, while the prospects of small and medium-sized greenhouses are not too promising.
Ameriabank CJSC is a universal bank providing investment, corporate and retail banking services in the form of a comprehensive package of banking solutions. It is the first investment bank in Armenia that has been providing a wide range of innovative banking services since 2007.
comments
OPED: The Beginning of a New Struggle
Already Scarce Bread to be Rationed in Artsakh Due to Blockade
Artsakh Political Factions Agree On New President
Pashinyan Warns International Community of New Azerbaijani Attacks Against Armenia, Artsakh
Artsakh Students, Kidnapped by Azerbaijan, Released into Armenian Custody
Artsakh Says Azerbaijan’s Demands Further Complicate Situation
Bread Shortage Worsens In Artsakh
Azerbaijan Abducts and Arrests 3 Young Artsakh Residents
International Community Must Realize Lachin Corridor Opening Will Prevent Genocide, Pashinyan Says