Armenian Development Bank supporting a new positioning in the market creates a new quality of business culture and corporate relations and provides a new package of banking services, which are particularly targeted at small and medium-sized businesses, as well as investments in the real economy.

Armenian Development Bank offers its customers a list of 14 essential banking services free of charge, which allows small and medium-sized businesses manage their financial recourses more effectively in the post-crisis period significantly reducing banking costs. 

As part of the same strategy Bank offers its customers high interest rates on their banking accounts and time deposits, as well as long-term loans at low interest rates.

Bank also plans to expand its branch network in Armenian regions by offering more affordable banking services.

The new positioning is mainly tied by the results of 2011 fiscal year.

In 2011 the credit portfolio and bank's assets increased by 60%. The majority of business loans are provided to small and medium-sized businesses.

During 2011, the number of clients increased by 56% and reached 11 000. The deposit portfolio increased 2 times and composed 22 billion drams. The increase of depositors' number is 2.3%, which is a main indicator of population trust. The number of plastic cards increased significantly and reached 7000 (44%).

The bank's profit composed 770 million drams, the return on equity (ROE) was 10.7% and the return on assets (ROA) 2.6%.

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