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Arka Agency releases Armenian banks bulletin for Q3

YEREVAN, November 8. /ARKA/. ARKA News Agency has released it quarterly bulletin, “Banks of Armenia”, for the third quarter.

The bulletin is based on banks’ unified financial reports published in print media, as well as on additional information provided by banks.

“Banks of Armenia” contains 60 pages of tabular information about banking indicators and consists of the following 9 main chapters: 1. General description of banks, 2. Assets, 3. Liabilities, 4. Capital, 5. Profit/Loss, 6. Information on cash flows, 7. Liquidity and capitalization, 8. Standard risk indicators, 9. Profitability and income.

The digest provides an overall idea of the financial status of Armenian banks and helps to make comparative analysis.

ARKA News Agency has operated since May the 1st, 1996. It is specialized in coverage of financial, economic and political news. Since 1999, the Agency has been releasing its quarterly bulletin “Main indicators of Armenian banks” (“Banks of Armenia” at present). Other quarterly bulletins released by the Agency are “Credit organizations of Armenia” (since March 2005) and “Performance Indicators of Insurance Companies” (“Insurance Companies of Armenia” at present) (since July 2008). –0–

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