Tuesday, February 11 2020 15:09
Karine Melikyan

Ameriabank maintains leadership in key financial indicators

Ameriabank maintains leadership in key financial indicators

ArmInfo.Ameriabank maintains leadership in key financial indicators in the banking system of Armenia, in particular, in assets, liabilities to customers, credit  investments, capital and net profit, the message of Ameriabank noted.

According to the source, the bank's assets increased by 24% in 2019 -  up to 968.1 billion drams, in the structure of which 585.7 billion  drams are credit investments with an annual growth of 7%.

The total liabilities of the bank increased by 26% during the  reporting year, amounting to 866.9 billion drams, of which 647.8  billion drams are liabilities to customers, which increased by 44%  year on year.

Ameriabank concluded the 2019 with a net profit of 12.1 billion  drams, increasing it by 15% over the reporting period.

Ameriabank also holds the lead as a major taxpayer among the  participants of the financial market of Armenia, having paid AMD 8.56  billion to the state treasury for 2019.  To note, Ameriabank is a  universal bank offering corporate, retail and investment services in  a comprehensive package. Ameriabank has been operating in the  Armenian market since October 31, 1996.  The shareholders of  Ameriabank are Ameria Group CY Ltd. - 56.53%, EBRD - 17.78%, Asian  Development Bank - 13.96%, ESPS Holding Limited - 11.73%. (The  calculated exchange rate of the dram as of December 31, 2019 was  479.70 dr / $ 1).

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