 Ameriabank summarizes Q1 2011 results April 22, 2011 - 14:33 AMT PanARMENIAN.Net - Development Director of Ameriabank CJSC Tigran Jrbashyan said the bank summarized the results of the first quarter of 2011, which exceed the planned indices. Armenia is the second in Armenia’s banking system by a range of indices, Jrbashyan told a briefing on April 22. Specifically, as of March 31, 2011, the bank assets amounted to AMD 160.5bln (45% annual growth), liabilities – AMD 127.8bln (44.9% growth) and capital – AMD 32.7bln (46.7% growth). Ameriabank’s income totaled AMD 0.7bln. According to Jrbashyan, the number of the bank’s clients reached 28,500, including 2,600 legal entities and 26,000 individuals. The volume of lending to individuals increased, totaling AMD 15.3bln. While loans allocated to legal entities amounted to AMD 189bln. Jrbashyan noted that 11% growth was recorded in the bank’s liabilities to clients during the first quarter of 2011. Term deposits total AMD 29bln AMD 26.3bln now against AMD 26.3bln by the end of 2010.   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 |  Latest news Concept to complete Yerevan Cascade discussed at city hall  A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte.Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province.€3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms.Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |
