Areximbank-Gazprombank Group profits to gross $4.6mln in 2013December 20, 2012 - 11:00 AMT PanARMENIAN.Net - Areximbank-Gazprombank Group CJSC aims to increase the volume of the funds raised to AMD 114.3 bln by the end of 2013, with the total assents to expected to gross AMD 137.9 bln. “The growth of the earning assets will enable the bank to gain revenues of USD 4.6 mln before tax order by the end of 2013,” the bank’s press service reported. Areximbank-Gazprombank Group CJSC aims to report 21.0% growth of the funds raised by the yearend, as compared with the beginning of the year, with the loan portfolio to increase by 20.5%. The growth of the earning assents will enable the bank to ensure profits of USD 4.0 mln before the tax order. 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 | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |