Robust growth of loan portfolio with double-digit growth of both corporate and retail loan portfolios 

Financial Highlights 

• total assets amounted to AMD 1,091 billion, up by 13% YoY  
• total loan portfolio reached AMD 683 billion, up by 18% YoY
• retail loan portfolio reached AMD 233 billion, up by 31% YoY
• retail and SME portfolio share in total loans reached 48%, up by 4pp YoY
• corporate loan portfolio amounted to AMD 450 billion, up by 13% YoY
• net profit amounted to AMD 9 billion, with pre-provision net profit reaching 23.4B (up by 33% YoY)
• return on equity (ROE) stood at 8.5%, with pre-provision ROE reaching 20.9% (up by 2.9 pp YoY) 
• cost to income ratio (CIR) was 35.1%, improving by 6.9pp YoY
• net interest margin (NIM) stood at 4.7%
• tier 1 and total capital adequacy ratios (CAR) stood at 11.5% and 13.6% respectively 

2020 Q4 IR Presentation