ARKA News Agency releases 4th Q 2010 issue of “Credit Organizations of Armenia” bulletin

YEREVAN, February 14. /ARKA/. ARKA News Agency has released the 4th Q 2010 issue of “Credit Organizations of Armenia” financial and economic bulletin.

This quarterly product is based on credit organizations’ financial reports published in newspapers.

As a rule, the bulletin contains about 43 pages of tables and consists of 11 main sections – General Characteristics of Credit Organizations, Assets, Liabilities, Capital, Profits/Losses, Normative Indicators of Credit Organizations’ Activities, Capitalization Indicators, Profits and Income, Aggregate Indicators of Credit Organizations’ Activities (summary) and Main Services of Credit Organizations.

The bulletin presents overall picture of Armenian credit organizations’ financial state and contains comparable analysis of their activities.

The product also contains technical and methodological comments on the tables presented here.

ARKA News Agency started operating on May 1, 1996. The news agency focuses on financial, economic and political information.

In 1999, the agency started issuing “Banks of Armenia” quarterly, in March 2005 “Credit Organizations of Armenia”, and in July 2008 “Insurance Companies of Armenia”.-0-

spot_img

POPULAR

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

Central Bank: Starting July 1, consumers in Armenia will be able to block online financial transactions with a single tap

Starting July 1, 2026, consumers in Armenia will be able to block online financial transactions with a single tap, via mobile banking or a financial institution's website, the Central Bank of Armenia press service reported.

Armbanks Weekly Digest: Key Events in Armenian Financial Market (March 9–14) 

The past week in the Armenian financial market was marked by discussions of capital market development prospects at a specialized international conference, regulatory initiatives from the Central Bank, and changes to the insurance system.

Trend of declining public debt-to-GDP ratio in Armenia will continue – Ministry of Finance

Armenia intends to continue reducing its public debt-to-GDP ratio, stated Deputy Finance Minister Avag Avanesyan.

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

LATEST NEWS

spot_imgspot_imgspot_img