ASSETS OF AMERIABANK GROW BY 65,1% IN FIRST QUARTER 2009

ArmInfo
2009-04-14 19:25:00

ArmInfo. The assets of Ameriabank grew by 65.1% in the first quarter
of 2009 and amounted to 80.9 bln AMD by March 31. As Ameriabank
press-service told ArmInfo, as compared with the first quarter of 2008,
the bank’s assets grew 3.8 times over the period under review.

In the first quarter of 2008 Ameriabank’s assets grew by 56,3% and
amounted to 21.1 bln AMD by March 31, 2008, and throughout 2008 the
assets grew 2.3 times and amounted to 49 bln AMD by the end of 2008.

To note, Ameriabank CJSC focuses on investment banking and also
provides the whole spectrum of universal banking services. The
strategic partner of the bank is Troyka Dialog, one of the largest
investment-banking companies in Russia.