Friday, January 22 2010 17:55

ACBA - Credit Agricole Bank completed the year 2009 with a net profit of 4.254 bln AMD


ArmInfo. ACBA - Credit Agricole Bank completed the year 2009 with a net profit of 4.254 bln AMD. The bank told ArmInfo that as of 1 Jan 2010 the accumulated profit of the bank amounted to 12.891 bln AMD.

According to the source, in 2009 the bank increased its total capital 36% to 35.418 bln AMD. As of 1 Jan 2010, the authorized capital of the bank amounted to 10 bln AMD; assets grew by 31,5% to 162.752 bln AMD. In the structure of assets, provision of crediting (leasing exclusive) made up 53% or 86.332 bln AMD. General liabilities of the bank amounted to 127.334 bln AMD, having increased by 30,3% as compared with 2008. The volume of fixed-term deposits in 2009 grew by 71,4% to 25.502 bln AMD.

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