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Armenian Ameriabank plans to have income of 3.2-3.5 billion drams by the results of 2011

09.07.2011, 00:48
By the results of 2011, Armenian Ameriabank plans to have income in the amount of 3.2-3.5 billion drams, said Development Director of Ameriabank Tigran Jerbashyan to the journalists on Friday.
YEREVAN, July 8. /ARKA/. By the results of 2011, Armenian Ameriabank plans to have income in the amount of 3.2-3.5 billion drams, said Development Director of Ameriabank Tigran Jerbashyan to the journalists on Friday.

According to preliminary data of the first half years of 2011, income indicator was about 2 billion drams.

“Increase of income will be a normal process due to serious increase of credit resources and credit portfolio which brings relevant income”, said Jerbashyan.

The bank also envisages to make certain expenses, particularly expenses related to opening of four branches planned in 2011, three of which will be located in Yerevan and one in Vanadzor which is planned to open in August.

Ameriabank cjsc is a universal bank providing investment, corporate and retail banking services within the comprehensive portfolio of banking solutions.

Ameriabank cjsc (earlier “Armimpexbank” renamed in May 2008) was established in July 1992 on the basis of the branch of Vnesheconombank of USSR. On September 8, 1992 the bank received CBA license for banking activity. In August 2007 the assets of the Bank were obtained by “T-D-A Holdings Limited” – affiliate of leading and the largest Russian investment-banking company, the Group “Troyka Dialog”. ($1 – 369.21 drams).–0-