Banks

General director: Crisis did not affect activities of Ameriabank

YEREVAN, January 29. / ARKA /. Global crisis has not affected the activities and performance of the Armenian Ameriabank, the chairman of the Directorate, General Director of CJSC Ameriabank Artak Hanesyan said at a press conference on Tuesday. 

"Despite the financial crisis, we were able to carry out the program we had planned within all indicators of the bank. In September 2008, we revised our strategy in response to the crisis and made up three programs: basic development program, the Bank's development program and pessimistic program," Hanesyan said. 
According to him, in this regard some macroeconomic indicators were analysed and further development of the bank was discussed. 

The general director added that in the bank's work was guided by the basic development program, which resulted in growth on all fronts. 
"Given the crisis situation in the economy, the bank tried to ensure maximum liquidity," the head of Ameriabank said. 
Ameriabank closed joint stock company is an investment bank offering corporate, investments and other retail services in a complex package. Ruben Vardanyan is the Chairman of the bank’s Board of Directors and Artak Anesyan is the Chairman of Directorate and the General Director.

“Troyka Dialogue”, one of the biggest Russian investment-banking companies, is a strategic partner of Ameriabank.At the end of 2009 its assets totaled 103.5 billion Drams, liabilities-81.8 billion Drams, the aggregate capital-21.7 billion Drams and the charter capital 18.2 billion Drams (in terms of charter capital Ameriabank is the highest rated Armenian bank). 

Its overall credit investments stood at 54.1 billion Drams and liabilities towards clients at 69.1 billion Drams. 

Its net profits in 2009 amounted to 1.5 billion Drams.  –0-

29/01/2010 14:26



Market USD exchange rates
Market EUR exchange rates
Market exchange rates 12/03/2010
Currency Symbol Unit Rate Changes
USA Dollar USD 1 392.62 1.21
Euro EUR 1 540.01 5.34
Russian Rоublе RUR 1 13.40 0.11

Favorable еxchange rates of banks 15/03/2010
Currency Buy Sell
USD 394
ArmBusinessBank
396
Ameriabank
Ardshininvestbank
Areximbank-Gazprombank Group
“ArmSwissBank”
Euro 540
“ArmSwissBank”
546
Ameriabank
RUR 13.35
BTA Bank
13.5
ACBA-CREDIT AGRICOLE BANK
Ameriabank

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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