Thursday, May 19 2016 18:07
Karine Melikyan

VTB Bank (Armenia) increased number of provided loans 2-fold

VTB Bank (Armenia) increased number of provided loans 2-fold

ArmInfo. VTB Bank (Armenia) summed up the results of Q1 2016 on the indicators of amount of lending. As of March 31 2016 VTB Bank (Armenia) has provided to physical entities and small business about 54.8 thousand loans in total amount of 18.743 bln AMD ensuring 2-fold y-o-y growth. As the press-service of the bank informed ArmInfo, the retail loan portfolio accounts about 185 thousand loans amounted to 93.508 bln AMD as of Q1 2016. 

 
Lending to retail business is one of the main directions of the bank's activities. The bank conducts balanced and flexible credit policy offering its clients different types of loans. The achieved results prove the Bank's retaining of one of the leading positions on the lending market of Armenia; the statement of the bank reads. 
 
According to the Financial Rating of the Armenian Bank by the Agency of the Rating Marketing Information (ArmInfo), as of 1 April 2016 VTB Bank (Armenia) retains its position in the TOP-5 securing over 194.8 bln AMD (about 62% in the Bank's assets) with almost 41% of this amount being retail lending. In terms of consumer loans, the Bank is also in the TOP-3 with 64 bln AMD. The share of its consumer loans in the retail loan portfolio is over 79%. 
 
VTB Bank (Armenia) joined VTB Group in April 2004 and is fully owned by VTB Group, the second biggest bank in Russia. VTB Bank (Armenia) is one of the leaders of Armenia's banking sector. It has 67 branches all over the country (the largest branch network in Armenia).

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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000