Ameriabank credit portfolio increased by 30%

PanARMENIAN.Net - In the third quarter of 2009, Ameriabank credit portfolio increased by over 30%,compared with previous quarter results, to comprise AMD 40 billion, Ameriabank Development Department Director Tigran Jrbashyan said at the opening of Ameriabank subsidiary in Kajaran, Syunik region.



He also added that in crisis circumstances Ameriabbank is trying to participate in operations, which would serve as a basis for stable growth in post crisis period.



80- 88% of Ameriabank credit portfolio is comprised of corporate credits, provided through warrants, leasing, factoring and other forms of crediting.
 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
---