Artak Hanesyan: Ameriabank intends to increase its loan portfolio by minimum 10% this yearSeptember 16, 2010 - 16:00 AMT PanARMENIAN.Net - Director General of Ameriabank CJSC Artak Hanesyan said that the bank intends to increase its loan portfolio by minimum 10% by the end of 2010. Currently, the bank loan portfolio totals AMD 76bln, while another AMD 7-8bln will be added to it, Hanesyan told a PanARMENIAN.Net reporter. SMB loans make 30% (around AMD 25bln) of the bank loan portfolio, with 13.6% average interest rate. As for trends in banks interest rates, they have already decreased, said Hanesyan, adding that currently market interest rates are applied in Armenia’s banking system. 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 | 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. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |