Areximbank-Gazprombank Group to increase loan portfolio to AMD 90 blnOctober 22, 2012 - 13:02 AMT PanARMENIAN.Net - Areximbank - Gazprombank Group CJSC plans to increase the loan portfolio (including lines of credit) to AMD 90 bln by the end of 2012, ensuring annual growth of the indicator at over 20.5%. As of October 1, 2012, the loans issued by the bank (including lines of credit) totaled AMD 88.4 bln (78.7% of the assets), with 18.3% growth recorded in 9 months. The share of the bank’s loan portfolio (including lines of credit) in the total assets amounted to 78.7%, with the total assets increased by 17.1% to gross AMD 112.3 bln on October 1, 2012. 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 | 41 detained as antigovernment protests continue in Yerevan 41 people were detained in Yerevan as people demanding Pashinian’s resignation stage campaigns of civil disobedience. Armenia votes for UN resolution granting Palestine new rights The U.N. General Assembly voted by a wide margin on May 10 to grant new “rights and privileges” to Palestine. Second round of Armenia-Azerbaijan talks set for May 11 The second round of negotiations between the foreign ministers of Armenia and Azerbaijan will take place on May 11. About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. |