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“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–

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