{"id":6357,"date":"2010-01-15T16:40:27","date_gmt":"2010-01-15T16:40:27","guid":{"rendered":"https:\/\/armbanks.am\/2010\/01\/15\/230455\/"},"modified":"2024-12-15T12:45:56","modified_gmt":"2024-12-15T12:45:56","slug":"araratbank-expects-its-major-indices-to-grow-40-percent-this-year","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2010\/01\/15\/6357\/","title":{"rendered":"Araratbank expects its major indices to grow 40 percent this year"},"content":{"rendered":"<p><strong>YEREVAN, January 15, \/ARKA<\/strong>\/. Armenian Araratbank expects all its major indices to growth by 40% this year, its executive director, chairman of board, Ashot Osipyan, said at a news conference today. He said despite the economic crisis the bank managed to secure a similar growth in 2009.<\/p>\n<p>He said the bank\u2019s aggregate assets grew in 2009 by almost 40% to total 41.342 billion Drams, the net profit amounted to 580 million Drams and credit investments rose by 33% to 16.175 billion Drams.<br \/>\nLiabilities grew by 51.6% to 33.494 billion drams while the aggregate capital grew by 4% to 7.848 billion Drams.<\/p>\n<p>Ashot Osipyan said the number of plastic cards issued by the bank rose by 79% to 38,200 and is expected to grow further this year to 60,000. he said the bank plans also to increase the number of its chapters which are 27 now.<\/p>\n<p>Araratbank, previously called Haykap Bank, was founded in 1991 and provides a full range of banking services to corporate, MSME and retail customers. The bank has established a reputation as a small but reliable and dynamically growing financial institution.<\/p>\n<p>EBRD holds 25% in Araratbank. The rest is held by Barsegh Beglarian, head of the biggest petrol importing company Flash.<\/p>\n<p>Araratbank joined NASDAQ OMX Armenia January 30, 2009. It has 27 branches across the country. ($1- 377.61 Drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian Araratbank expects all its major indices to growth by 40% this year, its executive director, chairman of board, Ashot Osipyan, said at a news conference today. He said despite the economic crisis the bank managed to secure a similar growth in 2009.<\/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":[12162,15837],"class_list":{"0":"post-6357","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-araratbank","9":"tag-armenia-2"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/6357","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=6357"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/6357\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=6357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=6357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=6357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}