Investment Projects, Business Armenia Haypost Public-Private Partnership | Page 11

Projected Profit / Loss 2017 Interest Income 11,442 17,082 25,970 26,588 32,903 Non-interest Income (1,889) (1,388) 251 (1,931) (2,390) Provisions 4,217 5,650 7,599 8,718 10,789 Profit before Tax 5,336 10,044 18,622 15,939 19,724 1,067 2,009 3,724 3,188 3,945 4,269 8,035 14,898 12,751 15,779 Profit Tax Net Profit 2018 2019 2020 2021 * The services can be provided through the reorganization of the current bank or a new postbank 11