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ARKA news agency releases 2nd q 2011 issue of credit organizations of Armenia quarterly bulletin

YEREVAN, August 11. /ARKA/. ARKA news agency has released a fresh issue of its quarterly bulletin Credit Organizations of Armenia for the second quarter of 2011.

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

The Credit Organizations of Armenia bulletin contains 43 pages with tables on them and consists of 11 sections: 1. General Characteristics of Credit Organizations; 2. Assets; 3. Liabilities; 4. Capital; 5.Profits/Losses; 6. Normative Indicators of Credit Organizations’ Activities; 7. Capitalization Indicators; 8. Profitability and Income; 9. Combined Indicators of Credit Organizations’ Activities (summarization); 10.Combined Indicators of Credit Organizations’ Effectiveness; 11. Main Services of Credit Organizations.

Information in the bulletin shows financial state of Armenia’s credit organizations and provides comparative abalysis of their activities.

The product also contains technical and methodological comments to the tables.
ARKA information agency was established in 1996. It is specialized in reporting on financial, economic and political news. It issues several bulletins, including a quarterly bulletin Basic Indicators of Armenian Banks (since 1999), Credit Organizations of Armenia (since 2005), Financial Indicators of Banks (since 2006) and Indicators of Insurance Companies Performance since 2008. -0-

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