Wed, 25 February
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Yerevan
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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

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