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 | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |