AMERIABANK HOLDS PRESENTATION OF LEASING SERVICES

ArmInfo
2009-04-02 08:46:00

ArmInfo. On March 30-31 Ameriabank held presentation of leasing
services.

Ameriabank press-service told ArmInfo that the presentation was held
with participation of large businessmen representing various spheres
of economy and specializing in import of transport vehicles, industrial
and medical equipment, facilities for construction and trade, etc.

According to the source, the presentation aimed to familiarize the
business circles with the terms of leasing services provided by
the bank and proposal on mutually beneficial cooperation, as well
as to present the advantages of leasing services under the current
conditions of the financial market. The source says that Ameriabank
has been providing leasing services since June 2008.

To note, at present there are four specialized universal leasing
companies in Armenia. As of Jan 1, 2009, their aggregate assets
amounted to 6.1 bln AMD, 77% of which fell on provision of crediting.

In the structure of the leasing companies’ loan portfolio 98% fell
on the funds expected from renting.

To recall, in August 2007 "TDA Holdings LTD" became the majoritary
stakeholder of Ameriabank (the former Armimpexbank). At present
its share in the capital increased up to 99,7%. "TDA Holdings LTD"
represents the shareholders of the leading investment company of
Russia – Troyka Dialog Group. The priority of the bank is developing
investment banking and providing the full spectrum of traditional
banking services. As of Jan 1, 2009, the bank’s assets made up 49.2
bln AMD, of which about 70% fell on provision of crediting, and by
these indices the banks ranks among the top ten banks of Armenia.