Ameriabank sums up first half-year results

PanARMENIAN.Net - The growth rates Ameriabank CJSC ensured in the first half-year will enable the bank to secure a leading position in Armenia’s financial market, the bank’s development director Tigran Jrbashyan said.

Ameriabank’s CFO Gevorg Tarumyan, in turn, noted that the bank’s profit before and after the taxation increased by 58% on a yearly basis.

“Currently we come second in the system, despite the 6th position we occupied in the first half of 2011,” he said, dubbing the bank one of the three top banks in Armenia.

Mr. Tarumyan further noted that 32% increase in the bank’s credit investments was recorded in the first half of 2012, as compared with the last year, with the funds attracted from clients having grown by 27% and 15% on a yearly basis and in the first half-year respectably.

Dwelling on Ameriabank’s activities, Mr. Jrbashyan stressed exceeding the program indicators by 30% among the bank’s plans.