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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—

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