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

Fraudsters are issuing loans to Armenian citizens under the guise of utility company employees – the Central Bank has warned of a new scheme

The Central Bank of Armenia has recently received reports of a new financial fraud scheme in which criminals visit citizens' apartments posing as employees of utility companies, the regulator's press service reported.

Business loan pre-approval in five minutes — what did Unibank showcase in Gyumri?

Unibank showcased its financing and card payment solutions for small and medium-sized enterprises at the “Banks and Business in Gyumri” expo, organised at the initiative of the Union of Banks of Armenia.

CUBE INVEST becomes the first investment company to list AMD 5 billion worth of bonds on AMX

An important precedent has been set in the Armenian capital market: for the first time, an investment company has listed its bonds on the Armenian Securities Exchange (AMX).

Armbanks Weekly Digest: key events of the financial market of Armenia (November 2–8)

Armenia's financial agenda last week focused on tightening monetary policy, regulating bank liquidity and discussing public debt parameters.

4.3% Inflation Recorded in Armenia in October  

Twelve-month inflation in Armenia's consumer market in October of this year was 4.3%, according to a report from the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img