{"id":107406,"date":"2017-05-05T12:37:12","date_gmt":"2017-05-05T12:37:12","guid":{"rendered":"https:\/\/armbanks.am\/2017\/05\/05\/246248\/"},"modified":"2024-12-15T13:29:11","modified_gmt":"2024-12-15T13:29:11","slug":"ardshinbanks-capital-built-up-by-47-7-to-amd-71-5-billion-in-2016","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/05\/05\/107406\/","title":{"rendered":"Ardshinbank\u2019s capital built up by 47.7% to AMD 71.5 billion in 2016"},"content":{"rendered":"

YEREVAN, May 5. \/ARKA\/.<\/strong> Ardshinbank has published its audited financial results for the year 2016, demonstrating sustainable growth.<\/p>\n

\u201cBy results of the year, the Bank has strengthened its position among the top three of the banking system by all key indicators holding 2-nd position by assets, loan portfolio, liabilities and customer funds,\u201d the press office of the bank reports.<\/p>\n

Net profit for the year 2016 is AMD 4.1 billion AMD (without the results of consolidation of Areximbank).<\/p>\n

According to the report, Ardshinbank built up its assets 37% or by AMD 148 billion to AMD 548.4 billion in 2016 and its loan portfolio 30.4% or by AMD 83.6 billion to AMD 358 billion.<\/p>\n

Its customer funds grew 45.9% or by 93.6 billion to AMD 297.7 billion and the bank\u2019s total capital grew 47.7% or by AMD 23.1 billion to AMD 71.5 billion.<\/p>\n

As part of its relations with international financial institutions, Ardshinbank attracted long-term resources from WBC $10 million, from BSTDB $10 million, from ADB $2 million and from Commerzbank $8.5 million.<\/p>\n

In April, 2017 the Fitch Ratings agency has approved Ardshinbank CJSC a B+ Long Term Issuer Dafault Rating and has revised the Outlook from Negative to Stable.<\/p>\n

At the end of 2016 the Bank joined with \u201cAreximbank-the group of Gazprombank\u201d CJSC.<\/p>\n

In 2016, Ardshinbank paid to the state budget more than 3.1 billion AMD taxes.<\/p>\n

Ardshinbank CJSC (Ardshininvestbank before renamed Ardshinbank on November 13, 2014) was registered in February 2003. Ardshinbank has 66 branches, one of the largest branch networks in the country. ($1 \u2013 AMD 484.77). –0—<\/p>\n","protected":false},"excerpt":{"rendered":"

Ardshinbank has published its audited financial results for the year 2016, demonstrating sustainable growth<\/p>\n","protected":false},"author":1,"featured_media":165161,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15717,15837,12211,14432,462],"class_list":{"0":"post-107406","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-ardshinbank-2","10":"tag-armenia-2","11":"tag-capital","12":"tag-financial-results","13":"tag-462"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/107406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=107406"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/107406\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/165161"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=107406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=107406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=107406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}