July 25, 2012 - 13:09 AMT
Areximbank-Gazprombank Group posts AMD 90.3 bn credit portfolio in Q1

Areximbank-Gazprombank Group CJSC posted 21.0% (AMD 90.3 bn) credit portfolio growth in Q1 of 2012.

In the reporting period, the bank’s total assets rose by 20.6% to total AMD 115.6 bn in the absolute expression.

Total liabilities of Areximbank-Gazprombank Group totaled AMD 99.3 bn as of July 1, 2012, having increased by 24% since the start of the year; total capital equaled AMD 16.2 bn, with a statutory fund of AMD12.3 bn.

The bank’s profit prior to taxation amounted to AMD 647.2 mln, up 22,5% from year earlier period, Areximbank-Gazprombank Group CJSC press service said.