YEREVAN, December 8. /ARKA/. Ameriabank intends to retain its position among three leading banks of Armenia, Ameriabank Development Manager Tigran Jrbashyan said Wednesday at a news conference.
“The third quarter’s results show that we have already reached our certain strategic goals – to rank as one of three largest banks,” he said. “We believe this will be confirmed later this year. We have handled our annual plan yet in October and now we are 12 to 20 percent ahead of the schedule.”
Jrbashyan said that the bank came second on all indicators in Jan-Sept 2010, and its loan portfolio was the largest in Armenian banking system.
According to ARKA News Agency’s data, Ameriabank’s assets reached AMD 152.5 billion by late September (the second biggest asset-owner among Armenian banks), its liabilities totaled AMD 121.3 billion (the second rank), total capital mounted to AMD 31.2 billion (second) and authorized capital AMD 25.5 billion (the leader).
Ameriabank was the largest credit investor (AMD 90.3 billion) in Jan-Sept 2010.
The bank’s liabilities to clients totaled AMD 75.2 billion (third), and its net profit for the mentioned period amounted to AMD 2077.7 million (fourth).
Jrbashyan also said that Ameriabank launched 12 new services for corporate clients and individuals, and the recognition obtained from Financial Times proved the bank’s achievements.
Ameriabank announced last week it has been selected by The Banker magazine, the world’s premier banking and finance magazine, as the Armenian Bank of the Year.
The Ameriabank CJSC (former Armimpexbank) was founded in July 1992 using the facilities of the Armenian branch of the USSR Vnesheconombank (Foreign Economy Bank). On September 8, 1992, the bank received a banking license from the Central Bank of Armenia.
In August 2007, TDA Holdings limited, affiliated with Troika Dialogue, Russia’s leading investment company, purchased the bank’s shares. ($1 – AMD 359.87). -0-
