Sun, 7 September
32.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Areximbank – Gazprombank Group increases authorized stock to 25.9bln drams

YEREVAN, January 22. /ARKA/. Areximbank – Gazprombank Group has raised its authorized stock by 9.4 billion drams or $20 million to a total of 25.9 billion drams, the bank’s press office reported.

The stock is increased by the sole stockholder, through an issue of additional shares, according to the report.

Areximbank-Gazprombank Group was established in August 1998. In 2007, it became a subsidiary of Russia’s biggest bank, Gazprombank.

The bank’s assets in 2014 totaled AMD 110.7 billion (52.5% drop) and liabilities AMD 95 billion (55.2% decline). Its loan portfolio amounted to about AMD 69 billion (25.5% decline), capital to AMD 15.6 billion (26.58% decline) and authorized stock to AMD 16.4 billion. The 2014 loss was AMD 5.6 billion, compared to AMD 108.7 million in profit in 2013. ($1 – AMD 476.39). –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.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

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.

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

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

LATEST NEWS

spot_imgspot_imgspot_img