Sat, 26 July
35.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Armenian Banks Investments In Government Bonds Increase 16.8% In Q4, 2010

YEREVAN, February 23, /ARKA/. Armenian commercial banks’ investments in the government treasury bonds in the 4th quarter of 2010 grew by 16.8% from the beginning of the quarter to 120.6 billion Drams, according to an analysis made by ARKA news agency based on financial reports of the banks for the last three months of 2010.

Their investments in government bonds accounted for 7.7% of their total assets, up from 7.3% at the beginning of the last quarter of 2010.

The banks’ aggregate portfolio of all securities stood at 124.9 billion Drams at the end of December , 2010 and 96.6% were investments in government treasury bonds. HSBC Bank Armenia was the leading bank by size of investments in government bonds with 23.89 billion Drams. The bank earned 1.1 billion Drams in interest income from investments in government bonds in the last quarter of 2010 which made 10% of all its interest incomes.

The second was Ameriabank with 12.9 billion Drams of investment in government bonds. Its interest income from investing in the bonds was 1.11 billion Drams or 9.6% of all its interest income earned last year. Armswissbank came in third with 12.7 billion Drams of investments in government bonds and other securities. There are 21 banks in Armenia operating 407 branches. ($1 – 364,82 Drams). –0–

spot_img

POPULAR

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

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.

Viva Armenia CJSC bonds listed on Armenia Stock Exchange

The Armenia Stock Exchange (AMX) is pleased to welcome another major company to the capital market. Viva Armenia CJSC’s USD-denominated bonds will be listed on the Armenia Stock Exchange starting from 15 July.

LATEST NEWS

spot_imgspot_imgspot_img