{"id":28599,"date":"2011-10-21T16:42:46","date_gmt":"2011-10-21T16:42:46","guid":{"rendered":"https:\/\/armbanks.am\/2011\/10\/21\/233976\/"},"modified":"2024-12-15T12:53:23","modified_gmt":"2024-12-15T12:53:23","slug":"jrbashyan-armenias-banking-sector-expected-to-grow-at-least-by-10-in-five-years","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/10\/21\/28599\/","title":{"rendered":"Jrbashyan: Armenia\u2019s banking sector expected to grow at least by 10% in five years"},"content":{"rendered":"<p>YEREVAN, October 21. \/ARKA\/. Armenia\u2019s banking sector is expected to grow at least by 10% in the coming five years, Ameriabank Development Director Tigran Jrbashyan said Thursday at a news conference.<\/p>\n<p>\u201cThis will fuel potential investors\u2019 interest,\u201d he said.<\/p>\n<p>Jrbashyan said that the ratio of lending to GDP is very low in Armenia, just as in other South-Caucasian countries.<\/p>\n<p>However, these countries\u2019 banking sectors are expected to grow fast within five or six years, he said. This growth is believed to outdo twice GDP growth.<\/p>\n<p>\u201cIf our GDP grows 4 or 5%, the banking sector may enjoy at least ten-percent growth,\u201d the banker said adding that there is no such an opportunity in the East Europe, since banking sector\u2019s growth is in tune with GDP and real sector here.<\/p>\n<p>According to the information released by the Central Bank of Armenia, the aggregate loan portfolios of the country\u2019s banks made up 27.1% of GDP in 2010.-0&#8212;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia\u2019s banking sector is expected to grow at least by 10% in the coming five years, Ameriabank Development Director Tigran Jrbashyan said Thursday at a news conference.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12869,12514,362],"class_list":{"0":"post-28599","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-armenia-2","10":"tag-grow","11":"tag-362"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/28599","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=28599"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/28599\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=28599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=28599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=28599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}