ACBA-Credit Agricole Bank expects 38% loan portfolio growthNovember 30, 2011 - 13:38 AMT PanARMENIAN.Net - ACBA-Credit Agricole Bank expects 38% growth of loan portfolio on the basis of 2011 outcomes, the Bank CEO said. “This is a good index, specifically for a major bank like ours,” Stepan Gishyan told journalists in Yerevan. “The last quarter of banking operations was remarkable for its activity. I expect the indices to be even higher,” he added. Dwelling on bank revenues, Gishyan noted them to be larger than during the pre-crisis period, with the bank occupying leading positions in Armenia’s banking system. 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 | Armenia-Qatar ties discussed in Doha The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. 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. |