Sun, 27 July
35.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Armenian commercial banks’ assets grow by 1 percent in 2012 February

YEREVAN, April 16. /ARKA/. The assets of Armenia-based 21 commercial banks increased by 0.9% in 2012 February from the previous month to more than 2 021.9 trillion drams, the Central Bank of Armenia said. It said also the banks’ commitments increased in comparison with January by 1.1% to about 1.664.6 trillion drams and their total balance capital rose in February by 0.1% to about 357.4 billion drams.
Armenian banks’ profits in January-February 2012 amounted to over 88.2 billion drams, a 3.2% increase from a year before. ($1 – 392.19 drams).  -0

spot_img

POPULAR

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img