ARDSHININVESTBANK ANEW OPENED REPAIRED BRANCH IN GORIS
ArmInfo
2008-10-13 14:03:00
ArmInfo. Ardshininvestbank anew opened a repaired branch "Goris" in
the town of Goris, equipped with updated technologies, necessary for
a full work, and ready to serve the clients in a modern hall. This
branch, the opening of which was held on October 10, is the fourth
subdivision of the bank in Syunik region. Presently, Ardshininvestbank
takes the second place in the banking system of Armenia by the number
of active branches – 55 branches, 13 of which are in Yerevan, 36 –
in the regions and 6 – in Nagorno Karabakh.
The bank also has a representation in Paris. Today, 47% of the bank
branches have been repaired and meet the up-to-date requirements.
According to the data of Ardshininvestbank, upon the results of 9
months, 2008, all the financial indicators of the bank have shown
growth. So, the bank’s assets grew by 27% to 119.2 bln drams,
the liabilities – by 28,2% to 94.5 bln drams, the total capital –
by 22,3% to 22.7 bln drams. At present, the bank serves 160,000
clients, including big companies and representatives of small and
middle-size business, as well as natural persons. From the beginning
of the year to September inclusively, the volume of time deposits of
natural persons also grew by 50,2%v to 22 bln drams. Ardshininvestbank
keeps on crediting the industrial sector, the areas of trade and
construction, dues to which the bank increased the credit portfolio
over 9 months by 40,4% to 76.9 bln drams by September 30, 2008. 39,1%
fell on the consumers credits in the bank’s credit portfolio. Essential
growth of the bank’s credit assets (to 79.8 bln drams by September 30)
was assured at the cost of increase of the forward resource base and
growth of the capital.
Moreover, growth of the capital happened, mainly, at the cost of
increase of the net profit over 9 months to 4.1 bln drams, that
exceeded the indicator of the similar period, 2007, by 37,2%.
Over 9 months, 2008, the volume of the bank-attracted funds from
the international financial organizations and banks made up 9.3 bln
drams. The number of the bank-issued plastic cards by September 30 grew
to 41656. 16 automated teller machines were installed over 9 months,
thus totaling 41, as well as 51 new POS-terminals – to 240. As of July
1, 2008, Ardshininvestbank had 11 shareholders (7 – natural persons
and 4 legal persons), among which the Investment Financial Corporation
""Region" – 86,82% and the International Financial Corporation – 10%
are big shareholders.