Armenian Unibank’s profits for third quarter 2009 total AMD 455 million

27.11.2009 16:30
Armenian Unibank’s profits for third quarter 2009 total AMD 455 million

YEREVAN, November 27. /ARKA/. Armenian Unibank’s profits for the third quarter 2009 total about AMD 455 million, the bank’s website says.

Unibank’s assets grew 57,8% at the third quarter, compared with the same quarter a year before, reaching AMD 107 billion 347.4 million by late September.

The bank’s credit investments grew 16.2% to AMD 56.8 billion.

Unibank’s mortgage lending amounted to AMD 122.7 billion and industry financing AMD 11.2 million.

The bank’s consumer loan portfolio reached AMD 25.5 billion and trade financing AMD 13.3 billion.

Its liabilities grew 73.7% to AMD 95.7 billion by late September.

The bank outdid other banks on time deposits (AMD 66.4 billion) and individual time deposits (AMD 50.5 billion) in the third quarter 2009.

Unibank was established in 2001. Uniastrum Asset Management ojsc holds 50% of the bank’s shares.

The remaining 50% belong to Evainvest resident ojsc.

The bank has 33 branches. ($1= AMD 386.19). M.V.-0--


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