  Areximbank-Gazprombank Group to activate customer lending May 30, 2013 - 15:39 AMT PanARMENIAN.Net - Areximbank-Gazprombank Group CJSC plans to activate customer lending in 2013, increasing the retail portfolio to AMD 20.1 billion. “Armenian banks view diversification of consumer lending as a risk reduction method, which in turn, intensified market competition,” head of the bank’s retail lending division Armen Hambartsumyan said, adding that Areximbank-Gazprombank Group keeps improving the credit conditions, trying to simplify the procedure for registration and issuance of loans. In the first quarter of 2013, loans issued to clients totaled AMD 93.9 bln, increasing by AMD 11.4 bln or 14% as compared with the same period of 2012, the bank’s press service reported.   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 |  Topic Latest news Ucom equips four bus stops in Ijevan with free Wi-Fi  Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan.Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan.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. |
