Sun, 8 June
26.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

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-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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

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.

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img