  Areximbank-Gazprombank Group ensures 27% credit portfolio rise in 1st half of 2011 July 20, 2011 - 13:50 AMT PanARMENIAN.Net - In the 1st half of 2011 Areximbank-Gazprombank Group CJSC ensured 27% credit portfolio growth totaling AMD 62.6 bln, which is 78% from bank assets, according to bank’s press service. In the reported period, total assets rose by 19% and, in the absolute expression, totaled AMD 80.5 bln., as of July 1, 2011. Total liabilities of Areximbank-Gazprombank Group totaled AMD 65.4 bln. as of July 1, 2011, having increased by 25% against beginning of the year, whereas total capital equaled AMD 15.1 bln, with a statutory fund making AMD12.3 bln. For 6 months, the bank profit prior to taxation amounted to AMD 528.5 mln., increasing by 64% as against similar period of 2010.   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 |  Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
