Areximbank-Gazprombank Group posts AMD 90.3 bn credit portfolio in Q1July 25, 2012 - 13:09 AMT PanARMENIAN.Net - Areximbank-Gazprombank Group CJSC posted 21.0% (AMD 90.3 bn) credit portfolio growth in Q1 of 2012. In the reporting period, the bank’s total assets rose by 20.6% to total AMD 115.6 bn in the absolute expression. Total liabilities of Areximbank-Gazprombank Group totaled AMD 99.3 bn as of July 1, 2012, having increased by 24% since the start of the year; total capital equaled AMD 16.2 bn, with a statutory fund of AMD12.3 bn. The bank’s profit prior to taxation amounted to AMD 647.2 mln, up 22,5% from year earlier period, Areximbank-Gazprombank Group CJSC press service said. 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. 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. |