Monday, December 17 2012 15:16

Areximbank-Gazprombank Group expected to increase loan book to 105.2 billion drams


ArmInfo. Areximbank-Gazprombank Group intends to conduct an active credit policy to keep the loan book at a high level.

The press-service of the bank reports Areximbank-GPB Group is expected to raise the loan book by 17% till the end of 2013 or by $35.9 million to 105.2 billion drams due to international programs and resources from the local market. Thus, corporate lending will be increased by 13.3% to $202.6 million, personal lending - 33.7% to $47.9 million. The bank plans to end the year 2012 with a 90.1 billion drams loan book.

By data of the bank, as of Nov 30 2012 the loans and other borrowings of the bank's customers totaled 89.7 billion drams, which was 27.6% or by 19.4 bln drams more than a year ago.
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