  Unibank plans to increase loan portfolio to AMD 90 billion March 22, 2010 - 17:03 AMT PanARMENIAN.Net - Unibank CJSC plans to increase loan portfolio to AMD 90 billion, providing 35% growth of credit investments, the bank's press service reported. As of February 2010, Unibank loan portfolio comprised AMD 66,5 billion, including AMD 39 bln. 87 mln. of business credits. In 2010, the bank intends to put special emphasis on crediting of physical persons, offering beneficial mortgage and auto crediting actions. During reporting period, the bank's mortgage and auto- crediting volumes comprised AMD 12 and 8 billion respectively. The volume of loans provided through plastic credit cars increased twice, compared to 2009 results, amounting to AMD 2.2 by the end of February. Ripatonso Holdings Ltd. is a 100 per cent shareholder of "Unibank" founded in October 2001. The Bank is a member of IFAD, participant of the ABN AMRO international bank to manage risks, as well as a participant of the National Center to promote the development of small and medium businesses. The Bank is a member of the "ArCa" and Visa International payment systems. To date, the "Unibank" network has 34 branches.   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 “Great success”: Pashinyan pleased with new border protocol  Pashinyan has described the signing by Armenia and Azerbaijan of a protocol on delimitation in Tavush as “a great success”.Armenia, Azerbaijan sign protocol on demarcation coordinates Armenia’s government took on May 15 another step towards handing over four border areas to Azerbaijan.U.S. warns Georgia not to side with Moscow against the west Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow.Power of One Dram sums up two-year program with Teach for Armenia Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for children |
