Areximbank-Gazprombank Group to ensure 17.0% loan portfolio growthDecember 17, 2012 - 12:27 AMT PanARMENIAN.Net - Areximbank-Gazprombank Group plans to activate credit policy in 2013. “The bank plans to ensure 17.0% (USD 35.9 mln) growth of loan portfolio by the end of 2013,” the bank’s press service reported. The volume of lending to legal entities is planned to amount to USD 202.6 mln by 2013 (growth of 13.3%), with lending to physical persons to total USD 47.9 mln (growth of 33.7%). As of November 30, 2012, lending issued to the bank’s clients grossed AMD 89.7 bln, increasing by 27.6% or AMD 19.4 bln as compared with 2011. The bank’s loan portfolio is expected to reach AMD 90.1 bln by yearend. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |