AMERIBANK’S first-quarter leasing portfolio rises 85% to AMD 3.4 bln

YEREVAN, April 2. /ARKA/. Ameriabank’s leasing portfolio advanced 85 % to 3.4 billion drams by  the end of the  first quarter in 2012, the bank’s press service reported ARKA on Monday.
This indicator is also said to increase by 109% from the first quarter of a year earlier.
Construction activities, food and mining industries, healthcare as well as trade and services make up the most of the leasing portfolio, according to the report.
Ameribank has developed flexible conditions for leasing, what fostered not only the portfolio growth but also attracted the  companies operating in different economic fields.
International financial organizations also participate in implementing the bank’s some leasing operations.
“Due to the leasing service Ameriabank can finance purchase of different means including real estate,” the press release says.
At the same time, Ameriabank reportedly continues stepping up cooperation with authoritative international organizations that can ensure more competitive conditions for leasing operations required by the clients.
The Ameriabank CJSC is a unique corporate bank providing investment, corporate and limited retail banking services in a package. Ruben Vardanyan is the chairman of the bank’s directorial board and Artak Hanesyan is the director general. ($1 – 390.64 drams). —0—

spot_img

POPULAR

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

4.5% Inflation Recorded in Armenia in July

Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.

Armenia to prepare action plan to implement MONEYVAL recommendations — Union of Banks

Armenia's interdepartmental commission will soon present for discussion an action plan to implement MONEYVAL recommendations, said Daniel Azatyan, Chairman of the Union of Banks of Armenia, in response to a question from ARKA news agency.

Ranking of Armenia’s Largest Credit Institutions by Total Capital in H1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total capital for the first half of 2026.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 27–31)

Armenia's financial agenda last week was determined by banking sector data, rating decisions, inflation and public debt forecasts, exchange rate dynamics, personnel changes at Byblos Bank Armenia, and expert assessments of the possible impact of restrictions on goods supplies to Russia.

LATEST NEWS

spot_imgspot_imgspot_img