“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

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

Acba Bank and Bank of New York Mellon launch partnership

Armenian Acba Bank is expanding its international partner network by partnering with one of the world's most respected financial institutions, The Bank of New York Mellon, the bank's press service reported.

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

LATEST NEWS

spot_imgspot_imgspot_img