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Economy
Armenian Parliament considers transforming EFSD into independent structure
The Armenian parliament committee on financial and budgetary affairs has considered the issue of transforming the Eurasian Fund for Stabilisation and Development (EFSD) into a fully independent international organisation.
25.11.2024, 17:28
Business
In 2023, the SME Loan Portfolio of Ameriabank Reported More Than 30% Growth
The small and medium enterprise (SME) loan portfolio of Ameriabank increased by more than 30% in 2023 to reach to AMD 222.6 billion as of December 31, 2023. The number of SME clients of Ameriabank has also grown considerably, almost tripling over the past 3 years.
21.03.2024, 14:13
Business
Ameriabank remains the leader in Armenia's mortgage market with 21% share
Ameriabank remains the absolute leader in the Armenian banking sector in terms of mortgage loan portfolio with a 21.3% share as of December 31, 2023.
16.02.2024, 18:48
Economy
Ameriabank's credit portfolio grows to over record AMD 1 trillion
Ameriabank's credit portfolio as of December 31, 2023 grew to AMD 1 trillion 53 million, which is an unprecedented indicator in Armenia's banking sector, the bank said in a press release.
22.01.2024, 09:22
Business
First in Armenia: Ameriabank’s Mortgage Portfolio Goes Past AMD 200B
For around 6 years, Ameriabank has retained absolute leadership in the Armenian banking sector by mortgage loan portfolio.
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31.08.2023, 17:22
Business
Ameriabank doubles SME portfolio over five years
Ameriabank's SME loan portfolio amounted to AMD 163.6 billion as of December 31, 2022, representing a double increase over the last five years, the bank said today in a press release.
02.03.2023, 18:32
Business
Ameriabank Leading the Mortgage Market Five Years in a Row
Ameriabank has been the absolute leader on the mortgage market for five years in a row. In 2022, the bank’s mortgage portfolio grew by AMD 45 bln or 32%, totaling AMD 186 bln. Ameriabank’s market share is reaching 22 % as of 31.12.2022.
27.01.2023, 17:10
Business
VTB Bank (Armenia) sells part of its retail consumer loans worth 24 billion drams to Ardshinbank
As part of digital transformation and streamlining of processes, VTB Bank (Armenia) entered into an agreement to sell about 11% of its retail loan portfolio to Ardshinbank CJSCб the press service of the bank said today. It said the deals amounts to 24 billion drams.
30.03.2022, 18:52
Business
Converse Bank is among the leaders by mortgage loan portfolio
Based on the results of 1st half-year 2021, Converse Bank’s mortgage portfolio reached AMD 51B and grew by 11.2% vs. the same period in the past year, the Bank said today in a press release.
27.08.2021, 17:10
Business
Ameriabank's mortgage lending portfolio grows by 50% in 2020 to about 117 billion drams
Ameriabank's mortgage lending portfolio last year amounted to 117 billion drams (as of December 31, 2020), which is 50% more than in 2019, the bank said today in a press release.
15.03.2021, 19:39
Business
Ameriabank's loan portfolio amounts to AMD 586 billion in 2019
The loan portfolio of Ameriabank amounted to AMD 586 billion in 2019, and the bank again remains the flagship lender organization in Armenia's finance system, the press office of the bank reported on Monday.
03.02.2020, 13:21
Business
Ameriabank is the only financial institution in Armenia with assets and credit portfolio exceeding $1 billion
Ameriabank is the only financial institution in the history of independent Armenia, whose assets and credit portfolio have exceeded $1 billion, the bank said today.
10.04.2019, 19:37
Business
VTB Bank (Armenia) offers deposit accounts for all segments of population along with improving its line of products
In an interview Ivan Telegin, CEO and Chairman of VTB Bank (Armenia) Board, speaks about the deposit products of the bank and their features, customer demand for deposits as well as about relating indicators.
31.10.2018, 19:30
Business
Armenian banks’ credit portfolio surge by 99 billion drams in 3 months, Pashinyan says
Addressing tens of thousands of people who rallied in downtown Republic Square in Yerevan on August 17 evening to mark the first 100 days of his government, Armenian Prime Minister iNikol Pashinyan said the overall credit portfolio of Armenia-based banks surged by 99 billion drams over the last 3 months.
18.08.2018, 10:54
Business
Ameriabank’s loan portfolio is worth more than $1 billion
In late 2016 Ameriabank’s loan portfolio was worth more than $1 billion, Arman Barseghyan, Retail Operations Director of Ameriabank, told journalists on Tuesday.
21.03.2017, 15:28
Business
Ameriabank expects its loan portfolio to surge to $1 billion by the end of 2016
Ameriabank expects its loan portfolio to surge to the equivalent of $1 billion by the end of the outgoing year, Gagik Sahakyan, Ameriabank director for corporate clients, said today.
25.11.2016, 18:07
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Popular
Reforms aimed at diversifying exports, improving the business environment, strengthening governance, and advancing climate policy implementation are crucial for boosting economic resilience and increasing potential growth, said IMF Deputy Managing Director and Acting Chairman Bo Li.
IMF outlines measures to boost Armenia's economic resilience and growth