Thu, 4 September
21.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Assets of Areximbank – Gazprombank Group double in 2013

YEREVAN, February 4. /ARKA/. Total assets of Areximbank – Gazprombank Group cjsc doubled in 2013 and amounted to 233.5 billion drams as of the end of December, the bank’s press office reported.

This means the bank is now in the top list of Armenian banks with greatest assets. The bank’s lending to clients was 93.2 billion drams in the period. Loans to clients accounted for 40.0% of the bank’s total assets, according to the report.

Liabilities of Areximbank – Gazprombank Group grew twice as much during the year, to a total of 212.1 billion drams. Funds attracted from clients rose 4.1 times to 160.8 billion drams.

Areximbank-Gazprombank Group closed joint-stock company was founded in 1998 to support entrepreneurs and to handle financial flows between Russia and Armenia. Since 2007 the bank has been a daughter company of the Russian Gazprombank. The bank was granted ISO 9001:2008 international certificate of compliance. It has 16 branch offices, 9 of them in 9 regions of Armenia and 7 in Yerevan.–0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Measures to encourage cashless transactions discussed in Armenia

The Armenian government, chaired by Prime Minister Nikol Pashinyan, convened a meeting yesterday to deliberate on initiatives aimed at promoting cashless transactions, the government press service reported.

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

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