Monday, October 25 2010 18:50

Areximbank - Gazprombank Group to increase loan portfolio by $30 million till late 2010


ArmInfo. Areximbank - Gazprombank Group is going to increase loan portfolio by $30 million to over 50 billion drams till late 2010, the Bank's press-service told ArmInfo. As of October 1 2010 total volume of the loans provided by the bank amounted to 42.5 billion drams (75.5% of assets). The growth for Q3 2010 was 26% and for 9 months of 2010 - 96%.

The balance sheets of Areximbank-GPB Group showed that total capital for Oct 1 2010 was 14.6 billion drams, assets - 56.3 billion drams, liabilities - 41.7 billion drams. The bank's net profit for 9 months of 2010 totaled 647.7 million drams.