Thursday, January 27 2011 14:36

Areximbank-Gasprombank Group net profit up fivefold for 2010


ArmInfo. Areximbank-Gasprombank Group net profit was up fivefold and amounted to 1 bln drams for 2010.

As press-service of the bank reported, the rate of interest and commission incomes were the main sources of the bank's profit.

In 2010 the assets of the bank grew by 72,8% and as of 1 January 2011 amounted to 67.4 bln drams. The credits increased by 130,8% up to 49.4 bln drams.
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