  Areximbank-Gazprombank Group to get $ 4.0 pre-tax profit by yearend October 19, 2012 - 16:02 AMT PanARMENIAN.Net - Areximbank-Gazprombank Group CJSC plans to increase the funds obtained by 21.0% by the end of 2012, as compared with the beginning of the year. Moreover, it intends to increase the total volume of the bank’s assets by 21.6%, with the loan portfolio to grow by 20.5%. “Growth of the earning assets will enable the bank to get pre-tax profit of about USD 4.0 mln. by the end of the year,” the bank’s press service reported.   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 Get Started: An educational platform for young startuppers  The Get Started program which operates in two phases is an important platform for young startuppers.Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan.Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months.Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |
