ARKA News Agency releases regular issue of its quarterly bulletin “Insurance organizations of Armenia” for the second quarter of 2012

YEREVAN, September 11. /ARKA/. ARKA News Agency has released a regular issue of its quarterly bulletin “Insurance organizations of Armenia” for the second quarter of 2012.

The bulletin is based on unified financial reports of crediting organizations, published in the Armenian newspapers.

It contains approximately 43 pages of tabulated material reflecting various indicators of credit organizations and consists of 11 sections: 1. General characteristics of credit organizations. 2. Assets. 3. Liabilities. 4. Capital. 5. Profit/Loss 6.. Statutory performance indicators of credit institutions. 7. Indicators of capital adequacy. 9. Statutory indicators of profitability and returns. 10. Summary of the activities of credit institutions (generalization). 11. Basic services of credit institutions. The information contained in the bulletin allows to have an overall picture of the financial standing of credit institutions in Armenia and make a comparative analysis of their activities.

ARKA News Agency has been operating since May 1 of 1996 and specializes in financial, economic and political information. The agency began to release quarterly bulletin “Indicators of the activities of Armenian banks in 1999 and “Insurance organizations of Armenia” quarterly bulleting in March 2005.

Since May 2006 ARKA News Agency has been issuing “Financial indicators of banks” per the data of annual independent audits. Starting from July 2008, the agency has been issuing “Indicators of the activities of insurance companies of Armenia” quarterly bulletin. -0-

spot_img

POPULAR

EBRD invested €3 billion in Armenia through 245 projects – Falcetti

The European Bank for Reconstruction and Development (EBRD) is one of the leading institutional investors in Armenia, and to date has invested over €3 billion in Armenia through 245 projects, 85% of which are in the private sector.

A New Level of Insurance Innovation: The Armenian Bureau of Motor Insurers and GAIP Sign a Cooperation Agreement

The Armenian Bureau of Motor Insurers and the international organization Global Association of InsurTech Professionals (GAIP) signed a cooperation agreement on Monday in the field of compulsory motor insurance (CMTPLI) and insurance technologies.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (May 4-10)

The week in the Armenian financial market was influenced by decisions and statements by the Central Bank, updated macroeconomic data, and capital market activity.

100 million euros will be allocated for business development in Armenia: ACBA Bank

CBA Bank, in a new partnership with the European Bank for Reconstruction and Development, will allocate 100 million euros to the development of businesses operating in Armenia, with the EBRD bearing the risk of 50 million euros of the financing.

Union of Banks: SMEs account for approximately 37% of Armenia’s economy and receive 60% of business loans

Small and medium businesses account for approximately 37% of Armenia's economy and receive approximately 60% of business loans, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img