Ameriabank still among top three leaders by its main parameters

Ameriabank still among top three leaders by its main parameters

arminfo
Saturday, January 28, 10:40

Ameriabank is still among the top three leaders by its main
parameters. According to the financial report of the Bank, over 2011
the assets of Ameriabank were up 32% to $522.1 mln (2nd position). In
the structure of assets, provision of crediting grew by 51.2% to
$347.5 mln (2nd position), investments in
securities – by 3.1% to $34.4 mln (3rd position), cash funds – by
54.2% to $19.3 mln, nostro-accounts in the banks were almost doubled
to $28 mln, while the interbank loans and deposits fell twice to $17.4
mln.

According to ArmInfo’s Ranking of Commercial Banks of Armenia, 69% of
Ameriabank’s loans are loans given to big companies (40% annual
growth), 14% – loans given to SMEs (twice as much as in 2010), 5% –
consumer loans (thrice as much), 4.5% – credit cards (twice as much),
2% – overdraft (twice as much), 5.5% mortgage loans (40% growth), 2% –
auto loans.

The leasing portfolio totaled $6mln – 10% more than in 2010.

83.5% of the loans or $292.5mln were given to the economy, 16.5% or
$57.8mln to individuals.

The key borrowers of Ameriabank were industry – $102.6mln (13% annual
growth) and trade – $97.6mln (twice as much as in 2010), followed by
transport and communication – $26.8mln (4% growth), construction –
$22.8mln (thrice as much as in 2010), services – $11.2mln (11 times as
much as in 2010) and agriculture – $5.3mln (33% growth).

The liabilities grew by 37.5% to $431.1mln, wherein 55% were call and
time deposits (18% and 45% respective growths).

The loan book totaled $180.2mln (almost 42% of the liabilities) – 41%
more than in 2010.

The capital of Ameriabank grew by 10% to $91mln (2nd place) due to
47% growth in the accumulated profit to $24.7mln. The authorized
capital made up $66mln (2nd place). The net profit grew by 37.3% to
$11.3mln. In Q4 alone it made up $3.7mln (3rd place).

From: Emil Lazarian | Ararat NewsPress