AMERIABANK PROGRESSIVELY GROWING

PanARMENIAN.Net
26.02.2010 18:12 GMT+04:00

/PanARMENIAN.Net/ As of 31 January, 2010 Ameriabank maintains a
progressive growth, Tigran Jrbashyan , Development Director of
Ameriabank told a news conference in Yerevan.

"Compared with early 2009 the bank’s assets grew 1.8 times, corporate
loans increased 1.7 times, while the liabilities more than doubled
(2.26 times) compared with early February of last year.

Compared to 2009 there was a 4.7 time increase in retail deposits
in Ameribank. The total loan portfolio reaches about AMD 55 billion
(as of February 1 – AMD 51.6 billion), while the loan portfolio of
medium and small businesses as compared with the beginning of this
year increased by 30 per cent.

According to Tigran Jrbashyan, the bank has comparatively few
non-performing loans (0.17 per cent) and by this indicator is among
the leaders of Armenian banking system.

Ameriabank CJSC is an investment bank offering corporate, investment,
and limited retail services in the form of an integrated package.

Ameriabank’s strategic partner is a group of "Troika Dialog" companies
– one of the largest investment banking companies in Russia.