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13 October 2009 - 10:59 AMT

Ameriabank forecasts 10-15% index growth

Ameriabank forecasts 10-15% increase of all its indexes, particularly credit portfolio, Ameriabank’s corporate banking director Levon Arevshatyan told journalists. “In the third quarter on 2009, the bank’s credit portfolio increased by 44%, comprising AMD 43 million,” he said, adding such index enabled Ameriabank to become one of Armenia’s leading 3 banks.
Besides, he mentioned that the bank plans to fix 10-15% growth by year end. “I hope we’ll end the current year with a take-off growth,” he said.

As of September 30, 2009, corporate loans comprise 84% or AMD 37 billion of the bank’s credit portfolio. Besides, loans paid to natural person have this year increased by 26%.