Sun, 5 October
21.1 C
Yerevan
USD: 382.76 RUB: 4.67 EUR: 449.25 GEL: 140.62 GBP: 514.85

Armenian commercial banks’ liabilities increase by 7.3% to 1.1 trillion Drams

YEREVAN, November 5, /ARKA/. Armenian commercial banks’ liabilities increased by 7.3% or 75.56 billion Drams in the third quarter of 2010 to 1.1 trillion Drams, the Central Bank said in its review of banks performance in the third quarter.

According to the review, accrued liabilities to individual persons grew by 5.8% or 14.7 billion Drams to

269.6 billion Drams, while liabilities to corporate entities contracted by 11.5% or 11.4 billion Drams to 87.8 billion Drams.

Banks’ liabilities to the government decreased by 3 billion Drams or 2.3% to 86.7 billion Drams, while liabilities to other banks and financial organizations grew by 17.2% or 51.4 billion Drams to 350 billion Drams. Of that amount 7.6 billion Drams were correspondent accounts of other banks.

According to the review, the amount of call liabilities stood at 260.9 billion Drams as of September 30, growing by 7.8% in the third quarter. Other liabilities grew by 9.5% to about 44.8 billion Drams. The amount of accrued interest was 11.2 billion Drams, growing by 11.4% from the beginning of the third quarter. There are 21 banks in Armenia with 400 branches. ($1 – 359.9 Drams). -0-

spot_img

POPULAR

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.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

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.

LATEST NEWS

spot_imgspot_imgspot_img