YEREVAN, February 26. /ARKA/. Time deposits in Ameriabank grew 2.6 times or by AMD 258.7 in 2009, the press office of the bank said on Thursday.
Taking into account the fact that Ameriabank attracts funds also from international financial organizations and that the attraction will continue also in 2010, the bank can place on record that the structure of its financial sources is balanced and well-systematized.
In particular, liabilities toward Armenian government make up 17%, legal entities’ time deposits 56% and individual deposits 27%.
Despite the fact that Ameriabank is a corporate and investment bank, and its individual time deposits make up only 32.3% of its time deposits, individual deposits grew 7.6 times giving the bank leadership among Armenian banks on this indicator.
In 2009, individual deposits of residents grew 7.7 times and those of non-residents 7.4 times thanks to 100-percent guarantee, a wide range of the bank’s services its flexible price policy and the constantly growing confidence in the bank.
As a result, the number of individual bank accounts rose 82% and account balances doubled.
Ameriabank CJSC is an investment corporate bank providing investment, corporate and limited retail services to clients.
The chairman of bank’s directorial board is Ruben, and the director general and chairman of the board is Artak Hanesyan.
Ameriabank’s strategic partner is Troika Dialog Group, one of the largest investment bank companies in Russia. ($1= AMD 382.41).-0—
