Areximbank-Gazprombank Group to increase loan portfolio to AMD 90 bln![]() October 22, 2012 - 13:02 AMT PanARMENIAN.Net - Areximbank - Gazprombank Group CJSC plans to increase the loan portfolio (including lines of credit) to AMD 90 bln by the end of 2012, ensuring annual growth of the indicator at over 20.5%. As of October 1, 2012, the loans issued by the bank (including lines of credit) totaled AMD 88.4 bln (78.7% of the assets), with 18.3% growth recorded in 9 months. The share of the bank’s loan portfolio (including lines of credit) in the total assets amounted to 78.7%, with the total assets increased by 17.1% to gross AMD 112.3 bln on October 1, 2012. Partner news IFC invested $244 million in 40 projects across a range of sectors, including financial markets, manufacturing, and mining. Armenian Prime Minister addressed a letter to Public Services Regulatory Commission over the reconsideration of gas prices. Armenia’s Public Services Regulatory Commission plans to reconsider electricity generation and distribution prices. Edmon Manukyan been addressed by the residents of Armavir and Aragatsotn provinces whose crops have been damaged over a strong hail. Partner news |