Income of Areximbank-Gazprombank Group grew fivefold in 2010

Income of Areximbank-Gazprombank Group grew fivefold in 2010
January 27, 2011 - 13:23 AMT

PanARMENIAN.Net - The net income of Areximbank-Gazprombank Group CJSC grew fivefold in 2010 compared to 2009, totaling AMD 1bln.

Besides, the bank assets increased by 72.8%in 2010, amounting to AMD 67.4bln as of January 1, 2011, the bank press service reported.

130.8% growth was recorded in credit investments of the bank, bringing them to AMD 49.4bln.

The bank is among leaders of the Armenian banking system by paces of growth in basic indices in 2010.

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