Wed, 9 July
23.1 C
Yerevan
USD: 384.19 RUB: 4.90 EUR: 450.58 GEL: 141.45 GBP: 521.65

In 2009 Armenian banks invested 87.6 billion drams in state bonds

YEREVAN, March 15. /ARKA/. In 2009 Armenian banks invested 87.6 billion drams in state bonds which is by 0.8% more than the indicator at the beginning of forth quarter.

Weighted average of investments in state securities by total assets was 6.5% versus 6.9% at the beginning of forth quarter of 2009. Total portfolio of all securities as of December 31 was 90.9 billion drams, from which 96.4% were state securities.

By the volume of investments in securities was leading “Armswissbank” – 13.8 billion drams, from which about 13 billion drams or 93.9% made state bonds. At the same time, 6.1% of securities portfolio of the bank or 844.9 million drams was non-state securities. By the results of forth quarter of 2009 percent income of “Armswissbank” from investments in debt securities was 1.1 billion drams or 45.1% of total percent income. The next is Ardshininvestbank (10.8 billion drams), investments of which in state securities was 99.79% and in non-state securities – 21%. In 2009 percent income of the Bank from investments in debt securities was 398.4 million drams or 3.4% from total percent income. Leaders are also HSBC Bank Armenia – 9.2 billion drams (from which 99.65% makes state securities and 0.35% – non-state), Bank VTB (Armenia) – 9.1 billion drams (96.4% and 3.6% accordingly) and Ameriabank – 7.2 billion drams (97.95% and 2.05%).

As of December 31, 22 banks with 382 branches were operating in Armenia. ($1 – 392.62 drams). –0—

spot_img

POPULAR

Inflation of 3.9% registered in Armenia in June

In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.

Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

Net inflow of remittances to Armenia from abroad increased by 13.9% over 5 months

The net inflow of private remittances in Armenia from abroad sent through the  banks in January-May 2025 amounted to $511.7 million, compared to $449.4 million in January-May 2024, according to a report by the Central Bank.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img