YEREVAN, March 20. /ARKA/. Retained earnings of Armenian banks advanced 37.5% to 3.7 billion drams within January-February from the same period in 2011, the website of Armenia’s Central Bank says.
Banking system’s total assets climbed 0.9 % to over 2 trillion drams in February from January, according to the report. Total liabilities of the banks increased 1.1% to nearly 1.7 trillion drams in February from a month earlier.
At the same time, total balance capital rose 0.1% to over 3.57.4 trillion drams in Armenia.
As of February 29 of 2012 there are 21 commercial banks in Armenia. ($1 – 388.75 drams). —0–
Armenian banks’ retained earnings climb 37.5% to amd 3.7 bln throughout January-February
