Ameriabank plans to up retail banking share to 30% in 2012

Ameriabank plans to up retail banking share to 30% in 2012

PanARMENIAN.Net - Ameriabank CJSC plans to diversify its credit portfolio through increase in retail banking share, retail banking director said.

“With current retail banking share at 15% in total credit portfolio of the bank, increase to 25-30% in 2012 is planned,” Vazrik Sekoyan told journalists.

On Dec 9, Yerevan hosted the official re-opening of the Bank’s Komitas branch at new address: 12 Komitas ave., # 102.

According to the bank’s official, current credit portfolio for retail banking totals AMD 18 bln. “Komitas branch portfolio totals AMD 150 mln. Within a year, we’ll up the credit investments to AMD 1 bln,” Sekoyan said.

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