In the banking system of Armenia, "Ameriabank" occupies the leading position in 2014 with the most important indicators. Gevorg Tarumyan, financial director of "Ameriabank" said this at a meeting with journalists today, emphasizing that in 2014 the bank's profit increased by 18% and amounted to 7.1 billion drams, while the profit of the entire banking system decreased by around 41 in %.
"2014 the bank's assets increased by about 27% and amounted to 400 billion AMD, when the indicator in the entire banking system increased by 16%. The bank's liabilities increased by 29% and amounted to 357.4 billion drams, funds raised from clients increased by about 23% and amounted to 209 billion drams, while the liabilities of the banking system increased by only 4.8%. It is important to note that the number of individual customers increased by 23%, and legal entities by 13%," he said.
Gevorg Tarumyan noted that term deposits from individuals increased by about 27%, and current accounts by about 115%.
"This is a very good indicator for us and characterizes the fact that our bank is, so to speak, a safe place where the population tries to keep their savings," he said.
The financial director of the bank also informed that in 2014 the credit investments of "Ameriabank" increased by 63% and amounted to 286 billion drams at the end of the year.
"It is important to note that we have had a significant growth in SME lending by about 73%, which is a target segment for us. We registered a 67% increase in the mortgage lending market and a 56% increase in the credit card sector," he said.
As for 2014 among the awards received by the bank, Gevorg Tarumyan highlighted the three awards received by the prestigious Global Finance magazine: "2014 the best bank of the year", "2014 the best bank of the year in the field of trade financing", "2014 the best bank of the year in the field of foreign exchange operations", as well as the 2014 Excellence Award by Euromoney as the best bank of the year in Armenia.