22Jun
Ameriabank announces 2020 Q1 unaudited financial results
Maintained growth of loan book with increasing share of retail banking
Financial Highlights
- Total loan portfolio reached AMD 595 billion, up by 3% YtD and 11.5% YoY
- Retail loan portfolio reached AMD 196 billion, up by 10% YtD and 54% YoY
- Retail and SME portfolio share in total loans reached 47%
- Tier 1 and Total Capital Adequacy Ratios stood at 11.2% and 13.2% respectively
- Net profit for Q1 2020 reached AMD 3 billion despite challenging environment
- Return on equity (ROE) and return on assets (ROA) stood at 11.6% and 1.3% respectively
- Net interest margin (NIM) remained stable at 4.8%
- Cost to income ratio (CIR) improved by 7pp reaching 35%
The Investor Presentation on Ameriabank 2020 Q1 unaudited financial results is disclosed on the Investor Relations website under Financial Reports and IR Presentations section:
2020 Q1 Investor Presentation