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Ameriabank Forecasts 10-15% Index Growth

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  • Ameriabank Forecasts 10-15% Index Growth

    AMERIABANK FORECASTS 10-15% INDEX GROWTH

    /PanARMENIAN.Net/
    13.10.2009 14:59 GMT+04:00

    /PanARMENIAN.Net/ Ameriabank forecasts 10-15% increase of all its
    indexes, particularly credit portfolio, Ameriabank's corporate banking
    director Levon Arevshatyan told journalists. "In the third quarter
    on 2009, the bank's credit portfolio increased by 44%, comprising AMD
    43 million," he said, adding such index enabled Ameriabank to become
    one of Armenia's leading 3 banks.

    Besides, he mentioned that the bank plans to fix 10-15% growth by
    year end. "I hope we'll end the current year with a take-off growth,"
    he said.

    As of September 30, 2009, corporate loans comprise 84% or AMD 37
    billion of the bank's credit portfolio. Besides, loans paid to natural
    person have this year increased by 26%.

    From: Emil Lazarian | Ararat NewsPress
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