Areximbank – Gazprombank Group’s loan portfolio built up 5.5% over 2nd Q to AMD 94.7 billion

30.08.2013 19:39
Areximbank – Gazprombank Group’s loan portfolio built up 5.5% over 2nd Q to AMD 94.7 billion

YEREVAN, August 30. /ARKA/. Areximbank – Gazprombank Group’s loan portfolio, including credit lines, reached AMD 94.7 billion by late June after growing 5.5% or by AMD 5.1 billion over the second quarter, the bank’s press office reported today.

The loan portfolio made up 76.6% of the bank’s assets, which grew 3.8% over the quarter to AMD 127.1 billion.

Areximbank – Gazprombank Group’s total liabilities have grown 4.1% since the beginning of this year to AMD 109.9 billion by July 1.

Its total capital amounted to AMD 17.2 billion and authorized capital AMD 12.3 billion.

Areximbank-Gazprombank Group (former Areximbank, renamed on June 12, 2009) was established in August 1998 for supporting entrepreneurship and serving financial flows between Russia and Armenia.

In 2007, it became a subsidiary of Russia’s biggest bank, Gazprombank.

The bank has been certified to meet the requirements of ISO 9001: 2008.

Areximbank-Gazprombank Group has 16 branches – nine in provinces and seven in the capital city. ($1 – AMD 405.91). ---0---


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