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Aggregated assets of Armenian Banks increase by 1.3 percent in 2012 May to more than 2. 155.6 trillion drams

YEREVAN, July 10, /ARKA/.  The aggregated assets of Armenia-based 21 commercial banks increased by 1.3 percent in 2012 May from the previous month to more than 2. 155.6 trillion drams, the Central Bank of Armenia said.

It said also the banks’ total commitments increased in comparison with April by 1.4% to about 1.789.7 trillion drams and their total balance capital rose in May  by 1.3% to about 365.9 billion drams.

According to the Central Bank, Armenian banks’ retained profits in the first five months of the year dropped by 18.2 percent from a year earlier to 11.2 billion drams. ($1 – 418.64 drams).

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