In July-Aug 2009 Ameriabank increased its credit portfolio by 24%

In July-Aug 2009 Ameriabank increased its credit portfolio by 24%

2009-09-19 12:05:00

ArmInfo. In July-Aug 2009 Ameriabank increased its credit portfolio by
24% to 39bln AMD, wherein 83% were credits granted to corporate clients.

The press service of Ameriabank reports that 95% of the growth was due
to corporate lending. In Jan-Aug 2009 the credit portfolio grew by 82%
– also due to corporate lending (85% of all loans).

Ameriabank is focused on investment banking but provides universal
services as well. The strategic partner of Ameriabank is Troika Dialog,
one of the biggest investment and banking companies of Russia. The
majority shareholder of Ameriabank (99.7%) is TDA Holdings Limited,
affiliate of Troika Dialog.