Sun, 14 September
20.1 C
Yerevan
USD: 383.47 RUB: 4.56 EUR: 449.96 GEL: 142.03 GBP: 519.91

Armenian banks’ total assets grow by 7.08% in January-September to 1.452.3 trillion drams

YEREVAN, October 29, /ARKA/. The total amount of Armenian banks’ assets grew by 7.08% in January-September 2010 to 1.452.3 trillion Drams, according to provisional reports of the banks for quarter three.

In the reporting period of time their liabilities grew by 6.05% to 1.134.6 trillion Drams and their aggregate capital rose by 11% year-on-year to 317.7 billion Drams.

According to an analysis of reports made by ARKA, the amount of credit investments grew by 15.82% from quarter 4, 2009 to 849 billion Drams. The volume of deposits grew by 0.6% from the beginning of the year to 723.3 billion Drams. The banks earned also 24.1 billion Drams in net profits in Jan.-September, by 3.5 times more than from a year before . There are 21 commercial banks in Armenia.($1 – 358.62 Drams).  -0-

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

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