In 2011, Ameriabank CJSC allocated AMD 18,9 bln in M&S businesses crediting, increasing 2010 figure 2,5 times to achieve 11,2% growth.

At a news conference in Yerevan, Ameriabank development director Tigran Jrbashyan noted significant progress in retail line, with physical persons’ credit investments increasing 56% to total AMD 22 bln by yearend.

As he further noted, the bank’s credit investments grew by 50% in 2011 to gross AMD 135,9 bln, providing 10,8% share.

Ameriabank leads Armenian economy crediting, having allocated AMD 112 bln in 2011 to increase the figure twice since 2010.

The bank’s client base lists 32000 physical persons, (with 40% growth against 2010) and 2830 legal persons.