Saturday, April 28 2012 19:37

Assets of Areximbank-Gazprombank Group up 33.1% over year


ArmInfo. By 1 April 2012, the assets of Areximbank-Gazprombank Group totaled 107.5 billion AMD, with the y-o-y growth being 33.1% (26.7 bln AMD). The press service of the Bank told ArmInfo.

According to the source, the loans provided to the customers amounted to 82.4 bln AMD, with the y-o-y growth being 48.7% (or 27 bln AMD). The total liabilities grew by 39.4% (by 25.9 bln AMD) to 91.5 bln AMD by late Q1 2012. In their structure, the payables to the customers were up 24% (by 8.1 bln AMD) to 42 bln AMD. In the meantime, the funds of legal entities totaled 21.9 bln AMD, with the y-o-y growth being 6% (1.2 bln AMD), and the funds of individuals - 20.1 bln AMD, with the y-o-y growth being 52.2% (6.9 bln AMD). The total capital of the Bank made up 15.9 bln AMD as of 1 April 2012 (y-o-y growth being 5.8% or 871 mln AMD).

To recall, Areximbank-Gazprombank Group CJSC was founded in 1998. The sole shareholder of the Bank is Gazprombank LLC (Russia).
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