Friday, January 22 2010 10:41

"Converse Bank" increased its assets by 9,9% in 2009


ArmInfo. "Converse Bank" increased its assets by 9,9% in 2009 - up to 78,9 bln drams. As the bank reported, the share of the credit portfolio in the structure of assets was 52% or 40.9 bln drams.

The total capital of the bank as of 1 January 2010 amounted to 12.138 bln drams, the share of the authorized capital in the structure of which was 11% or 1.296 bln drams. The accumulated profit of the bank amounted to 8.121 bln drams as of 1 January 2010. The bank finished the year of 2009 with loss. The obligations of the bank for 2009 increased by 14% having amounted to 66.8 bln drams as of 1 January 2010. The volume of the time deposits of the bank grew by 5% in 2009 having amounted to 24.529 bln drams.

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