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 | U.S. welcomes Armenia, Azerbaijan’s border delimitation announcement Blinken said it is an important step towards concluding a durable and dignified peace agreement. Residents Of border villages protest as Armenia, Azerbaijan agree on delimitation Residents of several Armenian communities in the northeastern Tavush province began protests late on Friday. European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. |