Friday, January 22 2010 10:47

In 2009 Ardshininvestbank increased its assets to 119.5 bln AMD


ArmInfo. In 2009 Ardshininvestbank increased its assets by 5% to 119.5 bln AMD. The bank told ArmInfo that the share of credit portfolio in the bank's assets made up 46% or 54.9 bln AMD.

According to the source, as of 1 Jan 2010 the total capital of the bank amounted to 27.335 bln AMD, having increased by 5,5% as compared with 2008. The authorized capital made up 50,5% or 13.8 bln AMD, accumulated profit amounted to 7.991 bln AMD. The bank completed the year 2009 with a net profit of 1.935 bln AMD.


In 2009 the obligations grew by 4.8% to 92.146bln AMD, of which 84% or 77.407bln AMD were call and time deposits.


As of Oct 1 2009 the majority shareholders of Ardshininvestbank were Business Investment Center (86.82%) and IFC (10%).