Classified credits of Ameriabank make 0.26% of its total credit portfolioMay 17, 2010 - 14:29 AMT PanARMENIAN.Net - There are no hopeless credits in the credit portfolio of Ameriabank CJSC, while its classified credits make 0.26% of the total credit portfolio. Meanwhile, this index totals 5.6% in the Armenian banking system. The press service of Ameriabank reported that the volume of classified credits totals 0.76% in the joint balance with Cascade Bank. At the same time, corporate credits and loans total 87% of Ameriabank’s credit portfolio. The bank’s credit portfolio totaled AMD 61bln as of March 31, 2010 that is 14% and 87% higher as compared with the beginning of the year and same period of 2009 respectively. Besides, the bank’s credit portfolio totaled AMD 63bln as of the end of April 2010, and the bank’s assets totaled AMD 114bln that is 10% higher as compared with the beginning of the year. 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 | Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. |