Armeniabank posts 50% profit increase in 2012![]() January 30, 2013 - 15:03 AMT PanARMENIAN.Net - Ameriabank CJSC posted over 50% (up to AMD 6,2 bln) profit growth in 2012agaisnt 2011 results, the bank’s CFO said. As Gevorg Tarumyan told a news conference, in 2012, the bank’s liabilities increased by 25%, investment assets grew by 39%, deposit liabilities soared 35%, while the bank’s assets surged by 22%. “With Ameriabank in the top spot in Armenia’s banking system, we aim to continue cooperation with international organizations, boost credit portfolio and offer new products to retain leadership,” Tarumyan stressed. Partner news “It’s a pity that instead of operating flights, airplanes with Armenian flags stand idle under the sun,” Ghazaryan said. The issue was discussed by Gazprom chief Alexey Miller and Armenian Minister of Energy and Natural Resources Armen Movsisyan. On Feb 23, 2012, Yerevan Jur CJSC issued application for decreasing water prices from current AMD 174,059 to AMD 166,044 per cubic meter. Finance Minister David Sargsyan met with the regional director of KfW German Development Bank Lars Oermann. Partner news |