37% growth recorded in Ameriabank credit portfolio in 2010February 1, 2011 - 13:27 AMT PanARMENIAN.Net - 37% growth was recorded in the credit portfolio of Ameriabank CJSC in 2010, totaling AMD 89bln as of December 31, 2010. 93% of the growth was secured due to legal entities lending, in which 43% increase was recorded, the bank press service reported. The share of loans provided to corporative clients makes 84% of Ameriabank credit portfolio. Besides, 31% growth was recorded in loans allocated to individuals, bringing it to AMD 15bln. At the same time, classified loans totaled 0.28% of the bank portfolio. The bank assets grew by 25%, totaling AMD 153bln by the end of the year. Meanwhile, the bank net income increased by 56%, amounting to AMD 2.9bln. 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 | Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes. Armenia says ready to extend nuclear plant’s lifetime by 10 years Armenia has taken necessary measures to extend the lifetime of its nuclear power plant until 2036. Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. |