Inecobank Loan Portfolio Recorded Growth of about 30%
OREANDA-NEWS. November 15, 2011. Loans to small and medium enterprises (SME) and loans to corporate clients constitute the major part of the Bank's loan portfolio, reported the press-centre of Inecobank.
Their volume has increased by almost 50% during the last nine months. Microfinance is another strategic direction for the Bank. The microloan portfolio has grown by 53% since the beginning of the year.
The share of the loan portfolio in total assets structure is 70%, which provides for the high level of return on assets indicator (ROA) equaling to 3.4%. During the last nine months the Bank's total assets have grown by 19.6% and amounted to 70.1 billion AMD.
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