Tuesday, November 15 2016 12:38
Alina Hovhannisyan

Ameriabank retains leadership in corporate lending

Ameriabank retains leadership in corporate lending

ArmInfo. Ameriabank retains leadership in corporate lending, the press office of Ameriabank has told ArmInfo. Over the past 6 years the Bank has managed to considerably increase its share on the corporate lending market - from 14.1 % in October 2010 to 20.3% by October 2016. In absolute terms, the Bank's corporate lending portfolio has increased from 76 bln AMD to 310 bln AMD over the past 6 years. 

According to the Ranking of Armenian Banks by the Agency of Rating Marketing Information (ArmInfo), as of 1 October 2016 Ameriabank took the lead in lending 352.2 bln AMD, with a 21.4% year-over-year growth. The Bank increased its corporate lending by 22.4% and retained leadership in this segment. By 1 October 2016, Ameriabank's net profit totaled 3.5 bln AMD and gained leadership on the market.

To note, Ameriabank CJSC is a universal bank providing investment, corporate and retail banking services. Its shareholders are Ameria Group CY Ltd (79.3%) and EBRD (20.7%).