Wednesday, July 20 2011 16:00

In Jan-June 2011 Areximbank-Gazprombank Group increased its loan book by 27%


ArmInfo. In Jan-June 2011 Areximbank-Gazprombank Group increased its loan book by 27% to 62.6bln AMD.

The press service of the bank reports that during the same period the assets grew by 19% to 80.5bln AMD, the share of the loans therein being 78%.

July 1 2011 the liabilities totalled 65.4bln AMD (25% growth in Jan-June 2011), the capital - 15.1bln AMD, the authorized capital - 12.3bln AMD, the pre-tax profit - 528.5mln AMD (64% growth as compared with Jan-June 2010).

The bank has 15 branches (6 in Yerevan).

Areximbank-Gazprombank Group was set up in 1998. Since 2008 it has been subsidiary of Russian Gazprombank.
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