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

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

Central Bank of Armenia should be prepared to raise refinancing rate – IMF

The Central Bank of Armenia should be prepared to raise the refinancing rate as needed to return inflation to the target level amid rising inflationary pressures and heightened uncertainty, stated Alexander Timan, head of the IMF mission to Armenia.

Some 68% of March inflation in Armenia contributed by food and non-alcoholic beverages-WB

In March, Armenia's inflation rose to 4.5 percent (yoy) from 4.3 percent (yoy) in February, according to World Bank's Armenia Monthly Economic Update – April 2026.

LATEST NEWS

spot_imgspot_imgspot_img