“ARKA” News Agency published the bulletin “Credit organizations of Armenia” for the third quarter of 2011

YEREVAN, November 16. /ARKA/. ARKA News Agency published the next economic-financial bulletin – “Credit organizations of Armenia” for the third quarter of 2011.

This product is published once in a quarter and is composed on the basis of officially published financial reports of credit organizations (CO).

The bulletin – “Credit organizations of Armenia” comprises of approximately 43 pages of table material on different indicators of CO and has 11 main chapters:

1. General characteristics of credit organizations. 2. Assets. 3. Liabilities. 4. Capital.
5. Income/Losses. 6. Normative indicators of activity of credit organizations. 7. Capitalization indicators. 8. Profitability indicators. 9. Summarized indicators of activity of credit organizations (summary).
10. Summarized indicators of efficiency of credit organizations. 11. Main services of credit organizations.

Information contained in the bulletin gives opportunity to show the general picture of financial situation of credit organizations in Armenia and make comparative analysis of their activity. The product also contains technical and methodological comments to the tables.

ARKA ARKA news agency was established on May 1, 1996 May to provide financial ,economic and political news. The professional credo of the agency is credibility, reliability and quick response. In 2000 it was recognized by the Central Bank of Armenia as the best economic news agency. In 2002 and 2003 ARKA was awarded by Business Initiative Directions the International Star Award for Quality in category Gold. –0–

spot_img

POPULAR

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

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.

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

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 10, 2026, increased by 0.12 points compared to March 9, reaching 377.41 drams.

LATEST NEWS

spot_imgspot_imgspot_img