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%).