Development Director of Ameriabank CJSC Tigran Jrbashyan said the bank summarized the results of the first quarter of 2011, which exceed the planned indices.

Armenia is the second in Armenia’s banking system by a range of indices, Jrbashyan told a briefing on April 22.

Specifically, as of March 31, 2011, the bank assets amounted to AMD 160.5bln (45% annual growth), liabilities – AMD 127.8bln (44.9% growth) and capital – AMD 32.7bln (46.7% growth). Ameriabank’s income totaled AMD 0.7bln.

According to Jrbashyan, the number of the bank’s clients reached 28,500, including 2,600 legal entities and 26,000 individuals.

The volume of lending to individuals increased, totaling AMD 15.3bln. While loans allocated to legal entities amounted to AMD 189bln.

Jrbashyan noted that 11% growth was recorded in the bank’s liabilities to clients during the first quarter of 2011. Term deposits total AMD 29bln AMD 26.3bln now against AMD 26.3bln by the end of 2010.