Banks

General Director: Ameriabank to invest $ 3 million in equity of other companies

YEREVAN, January 27. / ARKA /. Armenian Ameriabank may invest $ 3 million in capital of other companies in 2010, the chairman of the Directorate, General Director of CJSC Ameriabank Artak Hanesyan said at a press conference on Tuesday. 

"The program of direct investment bank in 2010 planned about $ 3 million. Currently, there are about 30 potential programs before us and only one has been pre-approved," Hanesyan said. 

Bank's general director said that further information will be distributed after the final agreement has been reached. 
The Ameriabank CJSC (formerly 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 a license from the CBA. 

In August of 2007, TDA Holdings limited, affiliated with Troika Dialogue, Russia’s leading investment company, purchased the bank’s shares. The bank was renamed Ameriabank in May 2008. Ruben Vardanyan is the Chairman of the bank’s Board of Directors and Artak Anesyan is the Chairman of Directorate and the General Director. As of today, the bank has one branch in Stepanakert. -0--


27/01/2010 19:41



Market USD exchange rates
Market EUR exchange rates
Market exchange rates 10/03/2010
Currency Symbol Unit Rate Changes
USA Dollar USD 1 389.94 1.02
Euro EUR 1 529.58 0.88
Russian Rоublе RUR 1 13.12 0.04

Favorable еxchange rates of banks 10/03/2010
Currency Buy Sell
USD 389
"VTB Bank (Armenia)"
ACBA-CREDIT AGRICOLE BANK
Araratbank
Armenian Development Bank
Artsakhbank
Byblos Bank Armenia
ProCreditBank
Prometey Bank
“ArmSwissBank”
392
ACBA-CREDIT AGRICOLE BANK
Ameriabank
Araratbank
Ardshininvestbank
BTA Bank
Conversebank
HSBC Bank Armenia
“ArmSwissBank”
Euro 528
ACBA-CREDIT AGRICOLE BANK
Prometey Bank
534
Ameriabank
RUR 13
ACBA-CREDIT AGRICOLE BANK
Artsakhbank
13.2
ACBA-CREDIT AGRICOLE BANK
Ameriabank
ProCreditBank

Macroeconomics
Indicator Term Figures
economic growth,% 2009-12 85.6
GBP, billion AMD 2009-12 3165.5
inflation, % 2010-01 101.7
Budget deficit (proficit), bln AMD 2009-12 148.3
trade deficit, mln USD 2009-12 -2606.4
foreign trade turnover, mln USD 2009-12 4001.9
foreign trade turnover, % 2009-12 73
Gross External Reserves, mln. USD 2009-12 2003.41
Monetary base, billion AMD 2009-12 511.7
Money supply, billion AMD 2009-12 815

Financial market
Indicator Term Figures
Anual interests on loans
Legal entities in AMD 2010-01 14.8
Legal entities in USD 2010-01 13.5
Individuals in AMD 2010-01 22
Individuals in USD 2010-01 17.6
Anual interests on deposits
Legal entities in AMD 2010-01 6.5
Legal entities in USD 2010-01 5.4
Individuals in AMD 2010-01 9.1
Individuals in USD 2010-01 5.3
Annual profitability
state stock of CBA, % 2008-08 8
fiscal stock of Armenia, % 2010-01 8.8

The percents of the CBA
Indicator Term Figures
Banking rate 2010-03 13
Repo 2010-03 6.5
Credit 2010-03 9.5
Depo 2010-03 3.5



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