  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.   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 |  Latest news 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.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
