Tue, 10 June
25.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Armenia’s Ameriabank intends to enlarge its loan portfolio to AMD 180 billion this year

YEREVAN, October 23. /ARKA/. Ameriabank intends to enlarge its loan portfolio to AMD 180 billion this year, Gevorg Tarumyan, financial director of the bank, said answering ARKA News Agency’s question at a news conference on Tuesday.

“Now the loan portfolio amounts to AMD 154 billion and we expect it to grow about 20% before the end of this year,” he said adding that it depends on the market and developments in the economy.
“Small and mid-scale businesses remain among our strategic focuses,” he said.
Ameriabank CJSC is a universal bank providing investment, corporate and retail banking services in a package.

Ameriabank is the first investment bank in Armenia. It started providing a wide range of innovative banking services in 2007. The bank has nine branches in Yerevan, Nagorno-Karabakh Republic, Kajaran, Dilijan and Vanadzor. ($1 – AMD 405.76). -0-

spot_img

POPULAR

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Mechanism to stimulate cashless payments to be developed in Armenia

On Friday, the Armenian government held a meeting on issues related to stimulating cashless payments in the country.

Acba Bank and NABU launch free 2025 program for organic agriculture development

Acba Bank and the Armenian branch of the German "Nature and Biodiversity Conservation Union" (NABU) are launching a free 2025 Organic Agriculture Development Program, the bank's press service reported.

Dollar and euro exchange rates to the Armenian dram fell again, while the ruble rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 4, 2025, fell again by 0.1 points compared to June 3 and amounted to 383.76 drams.

AMX introduces remote membership model, opening doors to international investors

The Armenia Securities Exchange (AMX) and the Central Depository have introduced a Remote Membership model, which is aimed at providing access to foreign investors to the Armenia Securities Exchange, the press service of the exchange reported.

LATEST NEWS

spot_imgspot_imgspot_img