AMERIABANK LOAN PORTFOLIO EXCEEDS AMD 52 BILLION

PanARMENIAN.Net
18.01.2010 14:24 GMT+04:00

/PanARMENIAN.Net/ The loan portfolio of Ameriabank as of December 31,
2009, went beyond AMD 52 bln having experienced a 68% increase over
the level recorded at the beginning of the year, the bank said in a
press release.

The loan portfolio growth is not the only indicator of the efficient
lending spree. Committed to its client-focused policy to disclose
the clients’ needs and find tailored solutions, the Bank developed
regular activities targeted at the correct assessment of the potential
borrowers’ capacities and establishment of comprehensive cooperation
relationship with the existing borrowers. Thanks to these efforts the
Bank came up with a loan portfolio of high quality as of December 31,
2009 without any loss loans and NPL comprising 0.17 % only of the
total loan portfolio.

According to the results of the reporting year 89 % of the Bank’s
loan portfolio growth was sustained by the corporate lending. Loans
to corporates recorded 75 % increase during the year totalling AMD
44 bln or 84 % of the total loan portfolio.

Although it adopted a corporate and investment profile of its activity,
Ameriabank also focuses on the lending to individuals, namely, staff
of its corporate clients, offering a wide range of loan products
which triggered 35 % increase in loans to individuals during the year.

Ameriabank CJSC is am investment bank offering various package
services. Being a strategic partner of Moscow-based Troika Dialog
since August 2007, the bank has two branches in Yerevan, one in
Kajaran and one in the Nagorno Karabakh Republic.