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Unibank accounts for 20% retail lending growth

12.02.2019 15:11

Unibank accounts for 20% retail lending growth

YEREVAN, February 12. /ARKA/. Unibank reported a 20-percent growth in its retail lending in 2018.
“It is not coincidental that Unibank is referred to as a national bank in Armenia,” the bank says in its press release. “It serves more than 400 000 clients and demonstrates an annual robust growth in retail banking. Summarizing the year of 2018, the increase of clients’ interest in Unibank’s lending products becomes obvious. Last year, the bank issued 20% more loans as compared to 2017.”

As of December 31, 2018, the total assets of Unibank amounted to AMD 210 billion, the loan portfolio- AMD 133 billion. The lion’s share of the portfolio falls on retail- AMD 72 billion.

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