AMERIABANK’S ASSETS DOUBLE IN 2009, REACHING 103.5 BILLION DRAMS
Noyan Tapan
Jan 26, 2010
YEREVAN, JANUARY 26, NOYAN TAPAN. In 2009 Ameriabank’s assets doubled,
reaching 103.5 billion drams (about 5 million), with the bank ranking
first in the Armenian banking system by the index of asset growth.
Director General of Ameriabank Artak Hanesian announced this on
January 26, when summarizing the bank’s activities in 2009.
He said that last year credit investments grew by 73% to 54 billion
68 million drams. Liabilities to customers tripled, reaching 69.1
billion drams, while overall liabilities amounted to 81.8 billion
drams. In 2009, the bank’s capital increased by 7% to 1 billion 517
million drams. Last year Ameriabank opened 3 branches in Yerevan,
Nagorno Karabakh and Kajaran. In 2010 it plans to open another 3
branches: in Dilijan, Vandzor or Gyumri, and in downtown Yerevan.
According to A. Hanesian, in 2009 the bank signed a 30 million dollar
agreement with two financial organizations – FMO and DEG, with million
to be allocated for small and medium business crediting and million
to be given as loans for construction of small hydropower plants.
Besides, a 15 million dollar credit program was signed with IFC
for crediting the renewable energy sector, and for trade financing
( million). This year it is envisaged attracting loans of million
for crediting small and medium business and trade. A. Hanesian said
the negotiations have already finished, and now work is underway to
specify the terms of the agreement.