Sun, 6 April
9.1 C
Yerevan
USD: 391.22 RUB: 4.63 EUR: 431.28 GEL: 142.08 GBP: 508.39
spot_img

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).

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

S&P reaffirms Armenia’s sovereign credit ratings with stable outlook

On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

LATEST NEWS

spot_imgspot_imgspot_img