YEREVAN, February 13. /ARKA/. Areximbank-Gazprombank Group closed joint stock company is planning to increase its loan portfolio up to 105.2bln drams in 2013, the bank’s press service told ARKA Agency.
Of it, 85.1bln drams will be lent to corporate clients (an increase of 8.7bln drams) and 20.1bln drams is expected to be lent to retail customers (increase of 4.7bln drams), according to the report.
Consumer loans will remain the main part of retail lending (11.3bln drams), mortgages will amount to 2.9bln drams and card and salary projects will total 5.5bln drams.
Apart from this, the bank is planning to fully automate the retail lending process to optimize lending to individuals, says the report.
Both international projects and local market resources will help the bank increase its loan portfolio.
As of January 1, 2013, loans extended by the bank to individuals and organizations totaled 91.8bln drams, which is an increase of 22.9% over 2012.
Corporate client loan portfolio grew by 23.3% to 76.4bln drams over 2012, whereas personal loan portfolio went 21.1% up to 15.4bln drams in the period.
Areximbank-Gazprombank Group closed joint-stock company was founded in 1998 to support entrepreneurs and to handle financial flows between Russia and Armenia. The bank is fully owned by Russian Gazprombank.
In 2010, AB Certification (France) Audit Company granted ISO 9001:2008 international certificate of compliance to the bank. In 2012, the bank received ISO 27001: 2005 certificate of compliance from Certification International United Kingdom. –0–