Sat, 5 April
10.1 C
Yerevan
USD: 391.22 RUB: 4.63 EUR: 431.28 GEL: 142.08 GBP: 508.39
spot_img

Armenian banks’ average ROA is 1.71% in II Q

YEREVAN, August 21. /ARKA/. Average return on assets (ROA) of Armenia’s commercial banks reported  1.71%  in the second quarter 2012 against 1.66% from a quarter earlier.

As of 30 June 2012, the top five banks in this category are Inecobank ( 3.82% versus 4.12%), HSBC Bank Armenia  ( 3.78% against 3.95%), Prometey Bank ( 3.74% against 1.80%), Araratbank ( 3.71% versus 3.64%) and Mellat Bank ( 3.37% versus 1.29%).

At the same time, return of capital  of all Armenian banks in the second quarter posted 9.42% instead of 9.07% of a quarter earlier.

The leader in this category is Araratbank – 28.29% against 27.19%, HSBC Bank Armenia- 21.95% versus 22.92%, Inecobank- 21.30% against 23.10%, Artsakhbank- 20.39% against 21.27%, Ameriabank- 14.02 against 11.08%.

As of 30 June 2012 there are 21 banks with 450 branches. ($1 – 410.97). —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.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

Cryptocurrency can open up great opportunities for Armenia — Henri Arslanian

Cryptocurrency can open up great opportunities for Armenia, says HenrI ArslanIan, co-founder of Nine Blocks Capital Management, author of the bestselling books in the field of financial services "The Future of Finance" and "The Book of Cryptocurrency".

Russian president gives Yerevan-based Balchug Capital permission to buy Gazprom, Inter RAO, and LUKOIL shares from Goldman Sachs

Goldman Sachs International will be able to sell minority stakes in a number of Russian blue chips to Balchug Capital CJSC, the same company that received permission from Russian authorities to buy the local banking unit of the American financial group.

LATEST NEWS

spot_imgspot_imgspot_img