Classified credits of Ameriabank make 0.26% of its total credit portfolioMay 17, 2010 - 14:29 AMT PanARMENIAN.Net - There are no hopeless credits in the credit portfolio of Ameriabank CJSC, while its classified credits make 0.26% of the total credit portfolio. Meanwhile, this index totals 5.6% in the Armenian banking system. The press service of Ameriabank reported that the volume of classified credits totals 0.76% in the joint balance with Cascade Bank. At the same time, corporate credits and loans total 87% of Ameriabank’s credit portfolio. The bank’s credit portfolio totaled AMD 61bln as of March 31, 2010 that is 14% and 87% higher as compared with the beginning of the year and same period of 2009 respectively. Besides, the bank’s credit portfolio totaled AMD 63bln as of the end of April 2010, and the bank’s assets totaled AMD 114bln that is 10% higher as compared with the beginning of the year. 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 PM meets Iran’s Supreme Leader in Tehran Prime Minister Nikol Pashinyan had a meeting with Supreme Leader of the Islamic Revolution Seyyed Ali Khamenei Ruling MP accuses opposition of “serving other countries' interests” Khachatur Sukiasyan has accused Armenia’s opposition of serving the interests of other countries Protest leader vows to achieve departure of Armenian authorities According to Archbishop Bagrat, there is only one solution to the situation in Armenia. Heads of Armenian, Ukrainian parliaments hold virtual talks Alen Simonyan and Ruslan Stefanchuk held talks via video conference on Tuesday, May 21. |