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VTB Bank (Armenia) To Increase Credit Portfolio Up To $200 Mln Till

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  • VTB Bank (Armenia) To Increase Credit Portfolio Up To $200 Mln Till

    VTB BANK (ARMENIA) TO INCREASE CREDIT PORTFOLIO UP TO $200 MLN TILL THE END OF 2009

    ArmInfo
    2009-11-11 12:21:00

    ArmInfo. VTB Bank (Armenia) is going to increase its credit portfolio
    up to $200 mln till the end of 2009, Director General of the bank,
    Valeriy Ovsyannikov, told ArmInfo correspondent.

    He also added that over the current year the bank drew special
    attention to raising of the quality of the main indices. 'I think
    that the year of 2010 will become crucial for the bank as we are
    going to increase the volumes and occupy the leading positions', -
    Ovsyannikov said.

    According to the Ranking of Armenian commercial bank prepared by
    ArmInfo, as of 1 June of the current year the credit portfolio of
    the VTB Bank (Armenia) amounted to $187.6 mln and the bank occupied
    the 3-rd place in the banking system of Armenia. To note, the Russian
    VTB Bank is the owner of the VTB Bank (Armenia).
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