Ameriabank’s retail loan portfolio stands at 18 billion drams

YEREVAN, December 9. /ARKA/. Ameriabank’s retail loan portfolio stands now at 18 billion drams, Vazrik Sekoyan, head of its retail banking department said today.

“Today, the share of retail loans in our overall loan portfolio make 15%. Under our business plan we plan to increase it this year up to 25-30%,” he told reporters on Friday.

Sekoyan said the bank will announce a string of discounts on different products at different periods of times.

“We have launched three new mortgage products, which will be offered with discounts,’ he said.

Ameriabank is a universal bank offering investment, corporate and retain banking services. It is owned by Troika Dialogue, one of the largest Russian investment companies. ($1 – 383.54 drams). -0-

spot_img

POPULAR

Learn while playing: Idram, IDBank, and Novosti-Armenia launch a series of financial literacy games

From now on, a special quiz for children will be published monthly as part of the new "Games" section on the Newsarmenia.am website.

LIGA Insurance Marks 18 Years in the Armenian Market and Announces a New Stage of Development and Brand Identity Refresh

LIGA Insurance announces the refresh of its brand identity, marking a new stage in the company’s development and the beginning of its international integration process, as the company celebrates 18 years of operation in the Armenian insurance market.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 18-24)

Last week, the Armenian financial market focused on bank restructuring mechanisms, the tax model for bank dividends, the regulatory agenda, comments from international financial institutions, and the development of financial literacy.

About 10% of Armenia’s dram-denominated government debt is held by international institutional players: Central Bank Governor

Institutional players are entering the dram-denominated government debt market in Armenia, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Central Bank of Armenia estimated “unexpected losses of banks” under a three-year stress scenario at 185 billion drams

Unexpected losses of the Armenian banking system on the horizon of three-year stress testing at the Central Bank are estimated at about 2% of risk-weighted assets, or about 185 billion drams, said Martin Galstyan, Chairman of the Central Bank of Armenia, presenting the financial stability report for 2025.

LATEST NEWS

spot_imgspot_imgspot_img