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Quality Of Loan Portfolio Of Ameriabank Is One Of The Best In Region

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  • Quality Of Loan Portfolio Of Ameriabank Is One Of The Best In Region

    QUALITY OF LOAN PORTFOLIO OF AMERIABANK IS ONE OF THE BEST IN REGION

    /PanARMENIAN.Net/
    22.07.2009 16:40 GMT+04:00

    /PanARMENIAN.Net/ Volume of idle credits of Ameriabank reaches
    0.7 per cent of the total loan portfolio of the bank, Tigran
    Jrbashyan , Director of Development of Ameriabank told reporters on
    Wednesday. ~SThe quality of credit portfolio of the bank is one of
    the best in the region,~T he said.

    According to Mr. Jrbashyan, confidence in the bank grows, resulting in
    significant positive changes in the structure of bank liabilities. If
    in the first quarter, demand deposits reached 32.6 billion AMD and
    time deposits - 20.7 billion AMD, in the second quarter their ration
    has changed: time deposits reached 32.2 billion AMD, while demand
    deposits - 27.6 billion AMD.

    The volume of deposits from legal entities has significantly
    grown reaching 25.9 billion AMD. According to him, corporate
    clients of Ameriabank have a significant share in the bank~Rs loan
    portfolio. Mr.Jrbashyan positively estimated cooperation of the bank
    with the insurance company ~SRosgosstrakh~T in the sphere of deposit
    insurance of individuals, resulting in a 36.99 per cent increase of
    deposit volumes within one quarter. The volume of deposits of private
    person more than tripled since the beginning of this year amounting
    to 6.3 billion AMD, which indicates the high level of confidence
    towards the bank, he said. ~SThere is a desire to co-operate and it
    is obvious that the bank is ready to realize serious credit program,~T
    he stressed.

    CJSC "Ameriabank" is a corporate investment bank offering corporate,
    investment and some retail services as an integrated package. The
    strategic partner of JSC "Ameriabank" is a "Troika Dialog" group,
    one of the largest investment banking companies in Russia.
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