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–
