YEREVAN, April 28. /ARKA/. Total assets of Areximbank-Gazprombank Group jumped 33.1% or 26.7 billion drams to 107.5 billion drams in the first quarter of 2012 from the same period a year earlier, the bank press service reports ARKA.

The bank reported rise in all principal indicators within the reported period, the press release says. In particular, credits and other loans to the clients climbed 48.7% or 27 billion drams to 82.4 billion drams in the first quarter of 2012 compared to the analogical period last year.

Total liabilities of Areximbank-Gazprombank Group advanced 39.4% or 25.9 billion drams to 91.5 billion drams within the reported period.

At the same time liabilities to the clients rose by 24% or 8.1 billion to 42.0 billion drams. Legal entities’ means gained 1.2 billion or 6% to 21.9 billion drams, and individuals’- to 20.1 billion drams ( growth by 6.9 billion drams or 52.2%).

According to the source, total capital of the bank increased by 5.8% or 871 million drams to 15.9 billion drams as of March 31 of 2012 from the analogical period a year earlier.

Areximbank-Gazprombank Group CJSC (former Areximbank, renamed on June 12, 2009) was established in August 1998 for supporting entrepreneurship and serving financial flows between Russia and Armenia. Russia’s Gazprombank has been the sole owner of the bank since 2007.
Areximbank – Gazprombank Group is a member of VISA International and MasterCard International payment systems as well as ArCa local payment system. ($1 – 392.29 drams). --0--