13Nov
Ameriabank announces 2020 Q3 unaudited financial results
Strong growth of retail business with increasing share in total loan portfolio
Financial Highlights
- net profit comprised AMD 6.8 billion
- total assets amounted to AMD 909 billion
- total loan portfolio reached AMD 623 billion, up by 7.9% YtD and 11.6% YoY
- Retail loan portfolio reached AMD 224 billion, up by 26% YtD and 42% YoY
- Retail and SME portfolio share in total loans reached 51%
- Tier 1 and Total Capital Adequacy Ratios stood at 11.3% and 13.4% respectively
- Cost to Income ratio comprised 37.9%, improving by 4.1 pp
The Investor Presentation on Ameriabank 2020 Q3 unaudited financial results is disclosed on the Investor Relations website under Financial Reports and IR Presentations section:
2020 Q3 IR Presentation