Mon, 17 March
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Yerevan
USD: 392.34 RUB: 4.68 EUR: 427.93 GEL: 141.48 GBP: 508.94
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Ameriabank’s 2010 loan portfolio to amount to AMD 91 billion

YEREVAN, December 21. /ARKA/. Ameriabank CJSC intends to end this year with AMD 91-billion loan portfolio, Artak Hanesyan, director general and chairman of the bank’s directorial board, said Tuesday at a news conference.

“Now the credit portfolio amounts to AMD 88 billion,” he said.

He said that some projects are already approved, and funds are being provided now.

Answering the question ARKA News Agency correspondent put to him, Hanesyan said that corporate loans accounts for 80% of the bank’s credit portfolio.

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 359.23) -0-

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USD and RUB depreciate against Armenian dram, EUR – rises

The average market exchange rate of the US dollar to the Armenian dram on March 12, 2025, made AMD 393.42, down 0.62 points compared to March 11.

Euro down 2.15 points to AMD 426.91

The average market exchange rate of the US dollar to the Armenian dram on March 13, 2025, totaled 392.74 drams, down 0.68 points compared to March 12.

S&P predicts the future of CCA banks, including Armenia, in the event of a Russian-Ukrainian ceasefire

A hypothetical ceasefire between Russia and Ukraine would not have a significant immediate impact on the banking sector of Central Asian and Caucasus countries, including Armenia, Azerbaijan, Georgia, Kazakhstan and Uzbekistan, according to a commentary by S&P Global Ratings analysts, as reported by FrankMedia.

Dollar and Euro exchange rates against Armenian dram fell

The average market exchange rate of the US dollar to the Armenian dram, as of March 14, 2025, stood at 391.74 drams, reflecting a decrease of 1 point compared to March 13.

Preferential registration for the FINTECH360conference is available until March 15

Taking place in April 2025 in Yerevan, FINTECH360 will bring together over 200 participants, including leading experts from the banking and payments industry, top IT executives, and fintech startups.

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