Net profit of Ardshininvestbank totals 6.5bln drams in 2013

YEREVAN, January 20. /ARKA/. Net profit of Ardshininvestbank amounted to 6.5 billion drams as of the end of December 2013, which is an increase of 53.6% or 2.3 billion drams compared to the same period of 2012, the bank’s press office reported.

The bank’s assets were 271 billion drams, an increase of 36.4% or 72.3 billion drams compared to the year before.

Ardshininvestbank’s loan portfolio rose by 41.5 billion drams or 31% to 176.1 billion drams as of the end of December. Client funds were 153.2 billion drams as of December 31 2013, an increase of 38.8 billion drams or 23.3%.

The bank’s own capital rose by 23.3% or 8.4 billion drams compared to 2012 to 44.2 billion drams.
During 2013 Ardshininvestbank managed to attract additional non-treasury resources from the following financial institutions: WorldBusiness Capital (WBC) – $10 mln, Asian Development Bank (ADB) – $6 mln, Atlantic Forfaitierungs – 2.9 mln euros, Citibank – $2.3 mln, Rosselkhozbank – $1.2 mln, Landesbank – 0.5 mln euros.

Number of Ardshininvestbank’s permanent clients rose by 19.4% as of the end of December 2013 (about 221,000 clients).

Ardshininvestbank received its license for banking activities from the Central Bank of Armenia on February 27, 2003. The bank has 49 branches in Armenia, six in Nagorno-Karabakh Republic and one office in Paris.–0–

spot_img

POPULAR

Idram and IDBank Participated in the Opening of My Forest Armenia’s Pavilion at COP17

The opening of the “Forest Biodiversity: An Immersive Experience” exhibition by the “My Forest Armenia” NGO took place in the Green Zone of COP17, with representatives of IDBank and Idram in attendance.

Central Bank of Armenia adopts measures to avert worst-case economic scenarios

The Central Bank of Armenia has shifted its focus from a single baseline scenario to an analysis of multiple potential scenarios, aiming to identify those that pose the most significant threats, according to the regulator’s Governor, Martin Galstyan.

Unibank Receives B++ Sustainability Alignment Rating from Agents for Impact GmbH

Unibank has received a Sustainability Alignment Rating of B++ from Agents for Impact GmbH (Frankfurt, Germany).

ACBA Bank issues bonds totaling 10 billion drams and $10 million

ACBA Bank is offering, via a public offering, two tranches of non-documentary coupon bonds, with a total volume of 10 billion drams and $10 million. The offering period runs through February 20, 2027.

Euro and ruble exchange rates against the Armenian dram have risen, while the dollar has fallen —Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 21, 2026, decreased by 0.05 points compared to October 20, reaching 361.4 drams.

LATEST NEWS

spot_imgspot_imgspot_img