Mon, 28 April
21.1 C
Yerevan
USD: 389.46 RUB: 4.73 EUR: 441.92 GEL: 141.70 GBP: 519.38
spot_img

Aggregate volume of Armenian banks’ liabilities in q4, 2009 grows by 8% to 1.047 trillion drams

YEREVAN, January 28, /ARKA/. The aggregate volume of Armenian banks’ liabilities in Q4, 2009 grew by almost 8% or 75.4 billion Drams to 1.047 trillion Drams, the Central Bank of Armenia said in its quarterly review of Armenian banks performance in Q4, 2009.

According to the review, the volume of accrued liabilities grew by 7 billion Drams (2.9%) to 247.8 billion Drams; at that the volume of accrued liabilities attracted from legal entities dropped by 8.7 billion Drams (6.4%) to 126.5 billion Drams. Liabilities towards the government grew in Q4, 2009 by 18.7 billion Drams (18.7%) to 67.6 billion Drams.

Liabilities towards other financial and lending organizations grew by 44.2 billion Drams (16.9%) to 305.1 billion Drams: some 6.5 billion Drams of that sum were correspondent accounts of other banks, whose balances rose by 152% or 3.9 billion Drams.

According to the Central Bank, the volume of call liabilities rose by 5% to 252.5 billion Drams. Other liabilities of Armenian banks grew by 5.5% to 37.9 billion Drams. The volume of accrued interests rose by 5.8% to 10.2 billion Drams.

According to a preliminary study of ARKA news agency, based on provisional Q4 reports of the banks, the list of banks in terms of liabilities size was topped by ACBA Credit Agricole (127.3 billion Drams), HSBC Bank Armenia (118.7 billion Drams), Unibank (97 billion Drams), Bank VTB Armenia (95.5 billion Drams) and Ardshininvestbank (92.1 billion Drams). There are 33 commercial banks in Armenia with 391 branches ($1 – 377.81 Drams).  -0-

spot_img

POPULAR

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Armenia discusses bankruptcy reforms with ADB and AFD

Reforms of Armenian legislation in the field of bankruptcy were discussed at a meeting between Deputy Minister of Justice of Armenia Tigran Dadunts and representatives of the Asian Development Bank (ADB) and the French Development Agency (AFD).

US dollar, euro and ruble up against dram

The average market exchange rate of the U.S. dollar to the Armenian dram at the end of March 14, 2025, amounted to 392.34 drams, up 0.6 points compared to March 14.

Government makes its first attempt to regulate the cryptosphere

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

Arka news agency presents ranking of banks by size of net profit in 9 months

ARKA news agency has released a recurrent ranking of Armenia-based commercial banks by size of net profits they earned in the first 9 months of 2018

LATEST NEWS

spot_imgspot_imgspot_img