Ameriabank expects 20-25% increase in all its general indicators in 2014

Ameriabank expects 20-25% increase in all its general indicators in 2014

YEREVAN, April 30. /ARKA/. Gevorg Tarumyan, the deputy CEO, a member of the directorial board and the financial director of Ameriabank believes the bank will have all tits general indicators increased 20-25% in 2014, compared with 2013.

Summarizing the first quarter's results at a news conference on Wednesday, he said that they give him grounds for thinking so.  

«As a rule, the first quarter is marked by sluggish growth, and the fact that we recorded eight-, ten- and even 25-percent growth in some indicators in the first quarter makes us confident of good annual results,» Tarumyan said.  

In January 2014, Ameriabank CEO Artak Hanesyan said that he expected an 18-percent annual growth in profits in 2014 and an up-to-ten-percent growth of assets. According to his forecast, the bank's loan portfolio will grow 22% and time deposits will be built up by 8% in 2014.  

In 2013, Ameriabank built up its assets by 28.5% to 315 billion. The bank's liabilities grew by AMD 32.6 billion to AMD 276.2 billion, its capital increased 5.5% to AMD 38.8 billion and profit 1.8% to AMD 6.1 billion. 

Ameriabank is a universal bank that provides investment, corporate and retail banking services in packages. ($1 – AMD 413.59). -0---

19:12 30.04.2014

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