Sat, 15 November
6.1 C
Yerevan
USD: 382.12 RUB: 4.73 EUR: 443.79 GEL: 141.24 GBP: 502.18

Armenian banks’ aggregate liabilities grow 32.9% to AMD 1059.3 billion in 2009

YEREVAN, March 3. /ARKA/. Armenian banks’ aggregate liabilities reached AMD 1059.3 billion by late December 2009 after growing 32.9% or by AMD 262.5 billion since the beginning of that year.

They grew 5.9% or by AMD 59.7 billion, compared with the third quarter.

ARKA News Agency’s analysis shows that ACBA-Credit Agricole Bank, with its 127.3 billion and 30.7% year-on year growth, became the leader among Armenian banks on this indicators.

Its liabilities make up 12.02% of Armenian banks’ aggregate liabilities.

HSBC Bank Armenia came second in this ranking.

Its liabilities amounted to AMD 118.7 billion and constituted 11.2% of banks’ aggregate liabilities.

Unibank, with its AMD 97 billion (99.16%), is placed third in ARKA News Agency’s ranking.

VTB Bank (Armenia), with AMD 95.5 billion and 9.01%, follows Unibank.

Then Ardshininvesbank (AMD 92.1 billion and 8.7%) comes.

These banks’ shares in Armenian banks’ aggregate liabilities was 50.1% in 2009.

Twenty two banks with their 382 branches function in Armenia now. ($1 = AMD 385.64).-0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img