YEREVAN, August 4. /ARKA/. Armenian banks’ total capital has grown 2.9% or by about AMD 8.3 billion over the second quarter of this year to AMD 293.7 billion, the Central Bank of Armenia said in its quarterly report.
Banks’ aggregate authorized capital reached AMD 195.2 billion by late June after growing 1.3% or by AMD 2.4 billion over the quarter.
Non-residents participation in the capital grew by AMD 10.4 billion in the second quarter reaching AMD 142.4 billion and making up 73% of the banking system’s authorized capital in late June against 68.4% in early April.
According to the report, general reserve in the capital amounted to AMD 14.8 billion after growing 79.4% over the quarter.
Accumulated profits in commercial banks’ aggregate capital totaled AMD 68.5 billion in late June against AMD 68.9 billion in early April.
Profits of the current period totaled AMD 12 billion.
ACBA-Credit Agricole Bank had the biggest total capital (AMD 37 billion) in the 2nd Q.
Ameriabank, with its 30.3 billion, came second, Ardshininvestbank (AMD 27.6 billion), third, VTB Bank (Armenia) (AMD 26.7 billion) fourth and HSBC Bank Armenia (18.8 billion) fifth.
The largest authorized capital owners (including issuance profits) were Ameriabank (AMD 25.5 billion), ACBA-Credit Agricole Bank (AMD 15.8 billion) and Ardshininvestbank (AMD 15.5 billion).
Anelik Bank’s authorized capital amounted to AMD 14.3 billion and that of VTB Bank (Armenia) was AMD 13.9 billion in the second quarter.
Some 21 banks with their 393 branches operated in Armenia as of June 30. ($1 = AMD 367.75).-0—
