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Arka releases recurrent issue of quarterly bulletin ‘Armenian banks- performance indicators’

YEREVAN, March 2. /ARKA/. ARKA information agency has released a recurrent issue of its quarterly bulletin ‘Armenian Banks-Performance Indicators’ for quarter 4, 2009.

The bulletin is compiled on the basis of financial reports and statements published by banks in the printed press and additional data, provided by the banks.

The 60-page bulletin has 9 chapters.

1. General description of banks. 2. Assets 3. Liabilities 4. Capital. 5. Profits/Losses. 6. Cash resources 7. Liquidity and capitalization level. 8. Standard risk indicators. 9. Profitability rates.

The bulletin provides a general picture of the financial standing of the banks and allows to make a comparative analysis of their performance.

ARKA news agency, specialized in providing financial, economic and political newsn, has been operating since 1996 May 1. Since 1999 it has been issuing monthly bulletin ‘Main Indicators of Armenian Banks’; since 2005 March a quarterly bulletin ‘Credit Organizations of Armenia’; since May 2006 an annual bulletin ‘Financial Indicators of Banks’, based on results of annual independent auditing , since 2008 July the news agency has been issuing quarterly bulletin ‘Indicators of Insurance Companies Performance’.  -0-

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