“Ameriabank” consolidated its grip on the second position in Armenian banking system

26.10.2010 | 13:00 Home / News / News /

Yerevan/Mediamax/. “Ameriabank” occupies the second positions in the banking system of Armenia practically as to all indices, Bank’s Development Director Tigran Jrbashyan stated in Yerevan today.

Mediamax reports that speaking at a news conference today, dated to the 100th anniversary of the bank structure, heir of which is “Ameriabank”, Tigran Jrbashyan informed that the bank’s assets made over 152.5bln AMD as of September 30, having increased by 47.7%, as compared to the beginning of the year. As to this index, “Ameriabank” occupies the second place in the banking sector of Armenia.

The bank also occupies the second place as to the volume of the general capital (31.2bln AMD, the growth since the beginning of the year making 43.5%), and the bank’s liabilities following the results of three quarters made 121.3bln AMD (the share in the banking system – 10.69%).

“For already three years, the bank has been maintaining leadership as to the volume of the authorized capital stock (25.5bln AMD), the share of which in the banking system makes 13.3%”, Tigran Jrbashyan stated, adding that “Ameriabank” also leads as to credit investments, the sum of which made 88.4bln AMD (market share – 10.5%) following the results of three quarters.

Tigran Jrbashyan presented the bank’s history, starting from opening a representative office in Yerevan in 1895, and in 1910 – opening of a branch of Tbilisi Commercial Bank, which was located in the building near the current Shahumyan Square in Yerevan (till September, 2009 – head office of “Ameriabank”).

He informed that in connection with the jubilee, the bank has prepared “100 surprises” for the IV quarter, 2010, among which there are cultural events and new products for the bank’s customers, as well as campaigns within the framework of corporate social responsibility.

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