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Financial results of Ardshinbank for Q1 2015
27.04.15 14:12
Financial results of Ardshinbank for Q1 2015

Ardshinbank published its financial results for the first quarter of 2015, continuing to demonstrate a sustainable growth.

By the results of Q1 2015, the Bank has improved its position among the top three of the banking system ranking the second in terms of total assets, loan portfolio, total liabilities and deposits from customers and the first by the loan portfolio growth indicator.

The comparative dynamics of the main financial indicators for Q1 2015 compared to the end of the year 2014 is as follows:

Indicator 

             As of 31/03/15

(AMD, billion) Increase/decline 

(AMD, billion) Growth/decline rate 

Increase in the persentage ratio 

Assets

370.2

3.8

1.0%

Loan portfolio 

239.1

19.2

8.7%

Loans to individuals 

78.6

14.5

22.6%

Total Capital 

48.3

1.2

2.3%

As of Q1 2015 net profit of the Bank amounted to AMD 782.7 million.

By results of Q1 2015, the ratio of non-performing loans to gross loans (NPL Ratio) has decreased by 0.1% totaling to 2.9%.

During Q1 2015 the Bank attracted additional $16 million from international financial institutions.

The complete versions of Ardshinbank CJSC’s financial reports are available here. [http://www.ashib.am/reports.php?lang_id=1]

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