  Areximbank-Gazprombank Group posts AMD 1,244 mln net profit January 31, 2013 - 13:13 AMT PanARMENIAN.Net - The net profit of Areximbank-Gazprombank Group CJSC increased by 20.8% to total AMD 1,244 mln in 2012, with net interest income of AMD 390 million reported as the key source of growth. The bank’s assets amounted to AMD 123,419 as of Jan 1, 2013, increasing by 28.7%. Corporate loan portfolio grew by 23.3% to total AMD 76,436, with credit portfolio of physical persons increasing by 21.1% to gross AMD 15,348 mln. The volume of funds by Areximbank-Gazprombank clients grew by 19.4% to gross AMD 39,105, with physical persons’ funds increasing by 54.8%. The results of the bank’s activity in 2012 enabled to boost the capital profitability index.   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 |  Topic Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
