Sat, 14 June
24.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

First-quarter surplus of capital and financial accounts in Armenia slips 13.6% to $329.7 mln

YEREVAN, July 12. /ARKA/. The surplus of capital and financial accounts of balance of payments in Armenia dived by 13.6% or $52.2 million to $329.7 million in the first quarter of 2012 from the analogical period a year earlier, according to the National Statistical Service of Armenia.

The surplus of financial account only climbed by 14.9% or $53.03 million to $302.65 million within the reported period. Foreign direct investments totaled in $100.5 million, of them investments to the shake capital in Armenia were $9.11 million, $77.46 million- reinvested earnings.

Portfolio investments reported zero surplus against minus $10.49 million in the first quarter of 2011.
In the first quarter of this year the other investments( cash, credits, deposits, etc.) reported the surplus valued at $37.05 million against $130.4 million in the analogical period last year.

The total assets amounted $116.78 million against minus $34.06 million last year. The liabilities within the reported period were minus $79.73 million against $167.46 million in the analogical period of 2011.

The surplus on reserved assets totaled $165.1 million against $76.74 million within the reported period. ($1- 415.84 drams).—0–

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.

Acba Bank donates amd 130 million to Military Insurance Fund (video)

Acba bank and other members of the financial group - ACBA Leasing and Amundi-ACBA - have donated more than AMD 130 million to Armenia's Military Insurance Fund in recent months, the press service of the bank reported

High profitability of Armenian banks in 2024 was facilitated by growth in net interest income and low level of credit losses – Galstyan

High profitability was recorded in the banking system of Armenia at the end of 2024, which was facilitated by growth in net interest income and low level of credit losses, said Martin Galstyan, Chairman of the Central Bank of the Republic, presenting the financial stability report for 2024.

LATEST NEWS

spot_imgspot_imgspot_img