Sun, 24 August
35.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Areximbank-Gazprombank group’s total assets up 36.5% to Amd 112.3 bln

YEREVAN, October 18. /ARKA/. Total assets of Areximbank-Gazprombank group surged by 30 billion drams or 36.5% to 112.3 billion drams as of 30 September 2012 from the same period a year earlier, the bank told ARKA on Thursday.

In the third quarter of 2012 Areximbank-Gazprombank group reported growth in its principal indicators from 2011. As of 30 September 2012 loans and advances totaled 88.4 billion drams, which is higher by 38.1% or 24.4 billion drams from 2011.

The total liabilities of the bank rose by 28.9 billion drams or 43.3% to 95.8 billion drams within the reported period. Liabilities to clients increased by 15.2 billion drams or 59.1% to 40.9 billion drams. Means of legal entities climbed by 6.7 billion or 69.1% to 16.4 billion drams, and funds of individuals- by 8.5 billion drams or 53.1% to 24.5 billion.

As of 30 September 2012The total equity of the bank hit 16.5 billion drams, which is higher by 1.1 billion drams or 7.0% compared to the same period a year earlier.

Areximbank-Gazprombank Group CJSC (former Areximbank, renamed on June 12, 2009) was established in August 1998 for supporting entrepreneurship and serving financial flows between Russia and Armenia. Russia’s Gazprombank has been the sole owner of the bank since 2007.

Areximbank – Gazprombank Group is a member of VISA International and MasterCard International payment systems as well as ArCa local payment system. The bank has 16 branches, of them in 9 regions of Armenia, and 7- in Armenia’s capital Yerevan.—0–

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Unibank Issued Preferred Shares with a Fixed Annual Dividend of 12%

Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img