Director general: Armenian Ameriabank plans to open three new branches in 2010

YEREVAN, January 26. /ARKA/. Armenian Ameriabank is going to open three new branches in 2010, Artak Hanesyan, director general of Ameriabank CJSC, said Tuesday at a press conference.

He said one of these branches will be opened in Dilijan. “The construction of the office is already over, and its registration is under way now.”

Hanesyan said that the opening ceremony is scheduled for March 5.

The second of the three branches will be opened in Gyumri or Vanadzor – one of these two cities will be chosen.

“I want to stress that the city not chosen this time will have a branch the next year,” the director general of Ameriabank said.

He said that the bank plans to open another branch in Yerevan for serving individuals.

“This branch will serve individuals, since the number of clients significantly increased in 2009.”

The number of Ameriabank’s clients grew 57% in 2009 to 13,100, of which 11,700 are individuals.

In 2009, the bank opened two branches – in Kajaran and Yerevan.

The Ameriabank CJSC (former Armimpexbank) was founded in July 1992 using the facilities of the Armenian branch of the USSR Vnesheconombank (Foreign Economy Bank). On September 8, 1992, the bank received its license from the Central Bank of Armenia.

In August 2007, TDA Holdings Limited, affiliated with Troika Dialogue, Russia’s leading investment company, purchased the bank’s shares.

According to ARKA News Agency’s data, Ameriabank’s assets reached AMD 103.5 billion by late December and liabilities totaled AMD 81.8 billion.

The bank’s total capital amounted to AMD 21.7 billion and authorized capital AMD 18.2 billion (the largest in Armenian banking system).

Ameriabank’s credit portfolio amounted to AMD 54.1 billion and liabilities to clients totaled AMD 69.1 billion by late December.

The bank’s 2009 net profit amounted to AMD 1.5 billion.

($1 = AMD 377.71). -0--