Expert forecasts 18-22% growth in Armenia’s banking sector

Expert forecasts 18-22% growth in Armenia’s banking sector

PanARMENIAN.Net - Growth rates of Armenian banking sector will remain unchanged in 2013, Director and Member of Management Board Ameriabank CJSC said.

According to Gevorg Tarumyan, on average 20% growth was reported in 2012, with the number likely to total 18-22% in 2013.

In this context, he noted that growth was recorded also in terms of lending to physical persons.

Partner news
 Top stories
Dwelling on Armenian government’s lawsuit against the airline company, Andranik Shkhyan said the airport is ready to join the initiative.
Zvartnots airport will host a press conference on May 24 on the operation of Tel Aviv-Yerevan- Tel Aviv flights.
“The increase for energy tariffs is prompted by a price hike for gas used in production,” Garegin Baghramyan said.
Earlier, ArmRosgazprom CJSC addressed Armenia’s Public Services Regulatory Commission with an offer to reconsider natural gas prices.
Partner news