HERE AND BEYOND
Ameriabank confirms LC for a leading Kazakh bank
Media Room
Ameriabank has executed an unparalleled deal for an Armenian bank where the bank acts both as an LC issuer and a confirming bank.

Ameriabank has assured LC confirmation for a prominent Kazakh bank, a member of a major bank group. LC confirmation in favor of an Armenian export company will trigger export of Armenian goods and promote expansion of export markets.

Ameriabank’s solid reputation of a reliable partner on the financial market enabled Ameriabank to network with prestigious foreign banks and to enhance the scope of trade finance transactions for its clients.

The total value of Ameriabank’s letters of credit for the past 10 months of this year made 19 bn AMD, up by 124 % Y-o-Y.

 
Updated 03.12.2012, 12:51
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