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Agency publishes newsletter indicators of activities of banks for 2nd Q of 2009

YEREVAN, August 17. /ARKA/. ARKA News Agency published a regular quarterly newsletter “Indicators of activities of banks of Armenia” for the second quarter of 2010.

The bulletin is based on press coverage of uniform financial reports of banks, as well as any additional information provided by those organizations.

The “Indicators of the activities of banks of Armenia” newsletter contains approximately 60 pages of tabular material for the various bank indicators and consists of 9 main sections: 1. General characteristics of Banks. 2. Assets. 3. Liabilities. 4. Capital. 5. Profit/Loss 6. Financial cash flows. 7. Indicators of solvency and liquidity 8. Standard Indicators of Risk 9. Indicators of banks’ profitability.

The information contained in the bulletin gives the opportunity to present an overall picture of the financial standing of banks in Armenia and make a comparative analysis of their activities.

ARKA News Agency has operated since May 1 of 1996 and specializes in financial, economic and political information.

The agency has issued its quarterly bulletin “Indicators of the activities of Armenian banks” since 1999 and “Crediting organizations of Armenia” quarterly bulleting since March 2005.

Since May 2006 ARKA News Agency has issued “Financial indicators of banks” per the data of annual independent audits.

Starting from July 2008, the agency has issued “Indicators of the activities of insurance companies of Armenia” quarterly bulletin. –0-

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