Arka News Agency releases 3 Q “Credit Organizations of Armenia” quarterly bulletin

YEREVAN, November 21. /ARKA/. ARKA News Agency has released a regular issue of its quarterly bulletin “Credit Organizations of Armenia” for the third 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 “Crediting 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

Armenia plans to significantly increase capital expenditure on infrastructure — Ministry of Finance

Armenian Finance Minister Vahe Hovhannisyan and Asian Development Bank (ADB) Vice President Wempi Saputra discussed prospects for expanding cooperation, including in infrastructure investment and promoting the export of Armenian products.

Central Bank of Armenia warned of a new fraudulent scheme involving forged powers of attorney and certificates

The Central Bank of Armenia is warning citizens about the increasing incidence of fraud using forged documents allegedly issued by the regulator.

Armenia to establish endemic seed bank to protect agriculture from climate change

The Armenian-French "Seed" program, supported by the Acba Federation, was presented at COP17.

Sevak Mikayelyan elected as a member of the Board of the Central Bank of Armenia

The National Assembly of Armenia elected Sevak Mikayelyan as a member of the Board of the Central Bank of Armenia.

AMX held an auction to place government bonds worth 70 billion drams

YEREVAN, October 30. /ARKA/. On October 29, the Armenia...

LATEST NEWS

spot_imgspot_imgspot_img