{"id":34581,"date":"2012-03-12T13:34:40","date_gmt":"2012-03-12T13:34:40","guid":{"rendered":"https:\/\/armbanks.am\/2012\/03\/12\/235048\/"},"modified":"2024-12-15T12:55:56","modified_gmt":"2024-12-15T12:55:56","slug":"areximbank-gazprombank-group-plans-to-increase-lending-to-sme-to-50-60-billion-drams","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/03\/12\/34581\/","title":{"rendered":"Areximbank-group of Gazprombank plans to take the leadership in the financial market of Armenia"},"content":{"rendered":"

<\/strong><\/p>\n

YEREVAN, March 12. \/ARKA\/. The goals of the long-term development program of \u201cAreximbank-Group of Gazprombank\u201d will have such financial indicators in three years which will allow the bank to take leading positions in the financial market of Armenia, press-service of the Bank informed on Monday ARKA News Agency.<\/strong><\/div>\n
Financial model of the Bank\u2019s development assumes that by the end of 2012 its charter capital will be replenished by another $10 million making 16 billion drams ($41 million).<\/strong><\/div>\n
In three years the Bank\u2019s assets should increase twice, credit portfolio \u2013 two times, total liabilities \u2013 2.1 times and the net income \u2013 2.3 times.<\/strong><\/div>\n
In 2011 \u201cAreximbank-Group of Gazprombank\u201d registered 50% growth by all the main financial indicators, including the assets, credit portfolio and profitability.<\/strong><\/div>\n
The assets of the Bank were about 96 billion drams ($250 million), liabilities \u2013 over 80 billion drams ($210 million).<\/strong><\/div>\n
Credit portfolio was about 75 billion drams ($195 million), of which credits provided to legal entities were 62 billion drams ($162 million), and credits to individuals – 13 billion drams ($33 million).<\/strong><\/div>\n
By the end of 2012 “Areximbank-Group of Gazprombank\u201d plans to increase its credit portfolio to 93 billion drams ($240 million).<\/strong><\/div>\n
According to ARKA\u2019s data, as of December 31, 2011 the assets of Areximbank-Group of Gazprombank were 95.9 billion drams, liabilities \u2013 over 80.1 billion drams, total capital – over 15.7 billion drams, charter capital \u2013 over 12.3 billion drams, credit investments – about 74.7 billion drams, liabilities to the clients \u2013 32.8 billion drams. Net profit in 2011 was over 1 billion drams.<\/strong><\/div>\n
\u201cAreximbank-Gazprombank Group\u201d was established in 1998 for the support of entrepreneurship and service of financial flows between Russia and Armenia. Since 2007 the bank is 100% affiliate structure of Russian Gazprombank. The bank is the full member of international payment systems VISA, MasterCard International and local payment system ArCa. \u20130–<\/strong><\/div>\n

YEREVAN, March 12. \/ARKA\/. <\/strong>The goals of the long-term development program of \u201cAreximbank-Group of Gazprombank\u201d will have such financial indicators in three years which will allow the bank to take leading positions in the financial market of Armenia, press-service of the Bank informed on Monday ARKA News Agency.<\/p>\n

Financial model of the Bank\u2019s development assumes that by the end of 2012 its charter capital will be replenished by another $10 million making 16 billion drams ($41 million).<\/p>\n

In three years the Bank\u2019s assets should increase twice, credit portfolio \u2013 two times, total liabilities \u2013 2.1 times and the net income \u2013 2.3 times.<\/p>\n

In 2011 \u201cAreximbank-Group of Gazprombank\u201d registered 50% growth by all the main financial indicators, including the assets, credit portfolio and profitability.<\/p>\n

The assets of the Bank were about 96 billion drams ($250 million), liabilities \u2013 over 80 billion drams ($210 million).<\/p>\n

Credit portfolio was about 75 billion drams ($195 million), of which credits provided to legal entities were 62 billion drams ($162 million), and credits to individuals – 13 billion drams ($33 million).<\/p>\n

By the end of 2012 “Areximbank-Group of Gazprombank\u201d plans to increase its credit portfolio to 93 billion drams ($240 million).<\/p>\n

According to ARKA\u2019s data, as of December 31, 2011 the assets of Areximbank-Group of Gazprombank were 95.9 billion drams, liabilities \u2013 over 80.1 billion drams, total capital – over 15.7 billion drams, charter capital \u2013 over 12.3 billion drams, credit investments – about 74.7 billion drams, liabilities to the clients \u2013 32.8 billion drams. Net profit in 2011 was over 1 billion drams.<\/p>\n

\u201cAreximbank-Gazprombank Group\u201d was established in 1998 for the support of entrepreneurship and service of financial flows between Russia and Armenia. Since 2007 the bank is 100% affiliate structure of Russian Gazprombank. The bank is the full member of international payment systems VISA, MasterCard International and local payment system ArCa. \u20130–<\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

The goals of the long-term development program of \u201cAreximbank-Group of Gazprombank\u201d will have such financial indicators in three years which will allow the bank to take leading positions in the financial market of Armenia, press-service of the Bank informed on Monday ARKA News Agency.<\/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":[12231,12955],"class_list":{"0":"post-34581","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-areximbank","9":"tag-areximbank-gazprombank-groups"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/34581","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=34581"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/34581\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=34581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=34581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=34581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}