Ardshininvestbank published its quarterly financial results. the comparative dynamics of main financial indicators for Q1 2014 compared to the year end of 2013 is as follows:

-Assets made up AMD 277.5bln, increasing by AMD 8.1bln (by 3%).
-Loan portfolio made up AMD 171.7bln, dropping by AMD 5.4bln (by 3%).
-Loans to individuals made up AMD 56.4bln, increasing by AMD 4.3bln (by 8.3%).
-Customer funds made up AMD 182.1bln, increasing by AMD 23.0bln (by 14.4%).
-Private capital made up AMD 44.7 bln, increasing by AMD 0.5bln (by 1.2%).

As of Q1 2014, the net profit of the Ardshininvestbank amounted to AMD 1.5bln outperforming the result of the comparable period of the last year by 1.5-fold.

As a result of deepening cooperation with international financial institutions, Ardshininvestbank has signed a USD 18.0 mlnsyndicated loan agreement with Citibank. The transaction represents the first syndicated deal for the Armenian financial institution in the bank loan market without multilateral agency support, having attracted significant interest from both regional and international banks.

During Q1 2014, the number of permanently active customers increased by more than 2000 customer totaling to around 223000 customers.