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Daily Archives: Dec 15, 2009

Armenian commercial banks’ investments into securities grow by 11.9% to 86.9 billion Drams

Armenian commercial banks’ investments into securities in the first nine months of 2009 grew by 11.9% from the beginning of the year to 86.9 billion Drams, making 6.86% of all their aggregate assets, down from 7.49% at the beginning of the year.

ACBA Credit Agricole Bank accounts for 20.46% of all credits extended to individuals

Armenian ACBA Credit Agricole Bank accounts for 20.46% of all credits extended to individuals and in this sense it is the leading Armenian bank.