Investment Projects, Business Armenia Haypost Public-Private Partnership | Page 10

The creation of a Postbank will serve as a financial driving force and will provide the following financial results (million AMD): Projected Balance Sheet 2017 2018 2019 2020 2021 Assets 119,112 155,408 217,395 245,097 303,319 69,145 95,778 142,109 178,300 231,789 57,360 80,304 112,426 146,154 190,000 Deposits from Legal Entities 8,248 13,434 21,082 24,243 31,516 Other 3,537 2,040 8,601 7,903 10,273 49,967 59,630 75,286 66,797 71,530 30,000 30,000 30,000 30,000 30,000 4,269 8,035 14,897 12,751 15,780 15,698 21,595 30,389 24,046 25,750 119,112 155,408 217,395 245,097 303,319 Liabilities Deposits from Individuals Equity Common Stock Retained Earnings Other Liabilities and Equity 10