Armeniabank posts 50% profit increase in 2012January 30, 2013 - 15:03 AMT PanARMENIAN.Net - Ameriabank CJSC posted over 50% (up to AMD 6,2 bln) profit growth in 2012agaisnt 2011 results, the bank’s CFO said. As Gevorg Tarumyan told a news conference, in 2012, the bank’s liabilities increased by 25%, investment assets grew by 39%, deposit liabilities soared 35%, while the bank’s assets surged by 22%. “With Ameriabank in the top spot in Armenia’s banking system, we aim to continue cooperation with international organizations, boost credit portfolio and offer new products to retain leadership,” Tarumyan stressed. 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 | Putin congratulates Pashinyan’s birthday Russian President Vladimir Putin congratulated Armenian Prime Minister Nikol Pashinyan on his birthday on June 1. Opposition motorcade en route to Gyumri for large rally A motorcade of protesters headed by Archbishop Bagrat Galstanyan is heading to the city of Gyumri. Ruling MPs, Foreign Minister talk Armenia-Azerbaijan processes MOs from the ruling Civil Contract party met with the Foreign Minister Ararat Mirzoyan in the Armenian parliament. Russia: Armenia’s frozen membership weakens CSTO position in Caucasus A Russian envoy said any step that could alienate the CSTO member states from each other is “deeply wrong”. |