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Combined liabilities of Armenian banks grow by 8.31% from the beginning of the year to 1.685.8 trillion drams

YEREVAN, July 23. /ARKA/.  The combined liabilities of 21 Armenian commercial banks as of June  30, 2012 grew by 8.31% from the beginning of the year to 1.685.8  trillion drams, according to an analysis made by ARKA news agency.

The leading bank by size of liabilities was ACBA Credit Agricole Bank whose overall liabilities grew by 11. 22% from the beginning of the year to 192.5 billion drams. This bank accounted for 10.5% of the combined liabilities of all banks. Second was Ameriabank with 185.2 billion drams worth liabilities which grew by 11.5% .

HSBC Bank Armenia with 163.4 billion drams worth liabilities was third. Its liabilities saw a 10.5% rise. Armbusinessbank was fourth with about 162.1 billion drams liabilities which saw a 12.2% rise and Bank VTB (Armenia) was fifth with 151.8 drams worth liabilities, which grew by 1.3%.  ($1 – 411.25 drams).  -0-

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