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

Business loan pre-approval in five minutes — what did Unibank showcase in Gyumri?

Unibank showcased its financing and card payment solutions for small and medium-sized enterprises at the “Banks and Business in Gyumri” expo, organised at the initiative of the Union of Banks of Armenia.

Freedom Broker Armenia Director Expects Pause in Central Bank Rate Hike, but Points to Conditions for Further Increases (EXCLUSIVE)

The Central Bank of Armenia's further decisions on the refinancing rate will depend on inflation dynamics and its structure, according to Freedom Broker Armenia Director Hovak Hovakimyan.

IDBank at the UBA Regional Conference: From Travel Solutions to Business Opportunities

IDBank participated in the latest regional conference of the Union of Banks of Armenia, held this time in Gyumri.

Assets of Armenian credit organizations exceed 915.92 billion drams, up 6.36% since the beginning of the year

As of September 30, 2026, the total assets of Armenian credit organizations reached 915.92 billion drams an increase of 1.19% during the third quarter and 6.36% since the beginning of the year.

Net profit of Armenian credit institutions fell by 26.62% over the first 9 months, to 30.27 billion drams

The aggregate net profit of credit organizations in Armenia for the period from January to September 2026 totaled 30.27 billion drams, down 26.62% from the 41.26 billion drams recorded during the same period in 2025.

LATEST NEWS

spot_imgspot_imgspot_img