37% growth recorded in Ameriabank credit portfolio in 2010February 1, 2011 - 13:27 AMT PanARMENIAN.Net - 37% growth was recorded in the credit portfolio of Ameriabank CJSC in 2010, totaling AMD 89bln as of December 31, 2010. 93% of the growth was secured due to legal entities lending, in which 43% increase was recorded, the bank press service reported. The share of loans provided to corporative clients makes 84% of Ameriabank credit portfolio. Besides, 31% growth was recorded in loans allocated to individuals, bringing it to AMD 15bln. At the same time, classified loans totaled 0.28% of the bank portfolio. The bank assets grew by 25%, totaling AMD 153bln by the end of the year. Meanwhile, the bank net income increased by 56%, amounting to AMD 2.9bln. 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”. |