  Areximbank-Gazprombank Group to ensure 17.0% loan portfolio growth December 17, 2012 - 12:27 AMT PanARMENIAN.Net - Areximbank-Gazprombank Group plans to activate credit policy in 2013. “The bank plans to ensure 17.0% (USD 35.9 mln) growth of loan portfolio by the end of 2013,” the bank’s press service reported. The volume of lending to legal entities is planned to amount to USD 202.6 mln by 2013 (growth of 13.3%), with lending to physical persons to total USD 47.9 mln (growth of 33.7%). As of November 30, 2012, lending issued to the bank’s clients grossed AMD 89.7 bln, increasing by 27.6% or AMD 19.4 bln as compared with 2011. The bank’s loan portfolio is expected to reach AMD 90.1 bln by yearend.   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 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.Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says.Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |
