Ameriabank reports AMD 146bn loan portfolio in 2012

Ameriabank reports AMD 146bn loan portfolio in 2012

PanARMENIAN.Net - Ameriabank CJSC ensured AMD 146 billion loan portfolio in 2012, Deputy General Director and CFO of the bank said.

“The growth totaled 7% as compared with 2011 results,” Gevorg Tarumyan told Jan 30 press conference.

The CFO further called attention to the restructuring of Ameriabank’s total loan portfolio, with the bank prioritizing lending to SMEs and physical persons.

As Mr Tarumyan noted, the SMEs lending amounted to about AMD 21 billion, increasing by 12% as compared with 2011. The bank reported 13% growth of volume of lending to physical persons against 2011 results (up to AMD 25 billion).

 Top stories
Azerbaijan’s aggression against Nagorno Karabakh failed to strike a blow to Armenia’s economy, the Minister of Economy said.
Total underground mineral resources comprised 4.3 million tons of ore, averaging 4.2 grams per ton for 0.6 mln ounces of gold equivalent.
For those with a monthly consumption of 10 thousand cubic meters or more, the current price of $276.98 would be reduced to $257.56.
Azerbaijan is highly dependent on oil revenues and its preliminary 2016 budget indicates reductions in military spending, the report says.
Partner news