Quality of loan portfolio of Ameriabank is one of the best in regionJuly 22, 2009 - 17:40 AMT PanARMENIAN.Net - Volume of idle credits of Ameriabank reaches 0.7 per cent of the total loan portfolio of the bank, Tigran Jrbashyan , Director of Development of Ameriabank told reporters on Wednesday. "The quality of credit portfolio of the bank is one of the best in the region," he said. According to Mr. Jrbashyan, confidence in the bank grows, resulting in significant positive changes in the structure of bank liabilities. If in the first quarter, demand deposits reached 32.6 billion AMD and time deposits - 20.7 billion AMD, in the second quarter their ration has changed: time deposits reached 32.2 billion AMD, while demand deposits - 27.6 billion AMD. The volume of deposits from legal entities has significantly grown reaching 25.9 billion AMD. According to him, corporate clients of Ameriabank have a significant share in the bank's loan portfolio. Mr.Jrbashyan positively estimated cooperation of the bank with the insurance company "Rosgosstrakh" in the sphere of deposit insurance of individuals, resulting in a 36.99 per cent increase of deposit volumes within one quarter. The volume of deposits of private person more than tripled since the beginning of this year amounting to 6.3 billion AMD, which indicates the high level of confidence towards the bank, he said. "There is a desire to co-operate and it is obvious that the bank is ready to realize serious credit program," he stressed. CJSC "Ameriabank" is a corporate investment bank offering corporate, investment and some retail services as an integrated package. The strategic partner of JSC "Ameriabank" is a "Troika Dialog" group, one of the largest investment banking companies in Russia. 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 | Armenia Defense Minister travels to France A delegation headed by Defense Minister Suren Papikyan will travel to France, according to a statement from the Defense Ministry. Armenia, U.S. talk defense, security matters Secretary of the Armenian Security Council Armen Grigoryan met with U.S. National Security Adviser Jake Sullivan. Armenia, Ukraine discuss bilateral relations Secretary of Armenia’s Security Council Armen Grigoryan met with Ukrainian Foreign Dmytro Kuleba on June 16. EventHub.am is the official ticketing agent for Black Eyed Peas concert in Tbilisi EventHub․am platform has become the official ticketing agent in Armenia for the concert of Black Eyed Peas to be held in Tbilisi. |