Artak Hanesyan: Ameriabank intends to increase its loan portfolio by minimum 10% this year

Artak Hanesyan: Ameriabank intends to increase its loan portfolio by minimum 10% this year

PanARMENIAN.Net - Director General of Ameriabank CJSC Artak Hanesyan said that the bank intends to increase its loan portfolio by minimum 10% by the end of 2010.

Currently, the bank loan portfolio totals AMD 76bln, while another AMD 7-8bln will be added to it, Hanesyan told a PanARMENIAN.Net reporter.

SMB loans make 30% (around AMD 25bln) of the bank loan portfolio, with 13.6% average interest rate.

As for trends in banks interest rates, they have already decreased, said Hanesyan, adding that currently market interest rates are applied in Armenia’s banking system.

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