ARDSHINBANK has published its financial results for the first quarter of 2016, demonstrating sustainable growth.

By the results of Q1 2016, the Bank has strengthened its position among the top three of the banking system by all key indicators holding 2-nd position by assets, loan portfolio, liabilities and customer funds and the 1-st position by the growth rate of all the  above mentioned indicators.
The dynamics of main financial indicators for Q1 2016 compared to the year 2015 is as follows:

 

Indicator

As of 31/12/15
(AMD, billion)

Increase/decline
(AMD, billion)

Growth/decline rate

Assets

461.2

60.7

15.2%

Loan portfolio

302.4

27.9

10.2%

Customer funds

259.8

55.7

27.3%

Total Capital

49.9

1.5

3%

 

As of Q1 2016 the net profit is AMD 1.1 bln.

USD/AMD exchange rate as of 31.03.2016 was 480.79.