YEREVAN, October 6. / ARKA /. The retained profits of commercial organizations in Armenia in the first ten months of 2012 grew by 2.25 times when compared to the same time span last year, to 4.35 billion drams, the Central Bank of Armenia said.
At the same time, the total assets of credit organizations grew to 161.9 billion drams from 113.7 billion drams. Their total obligations in the first ten months of 2012 amounted to 99.8 million drams, up from 70.4 billion drams in the first ten months of 2011.
The total capital of Armenia-based banks in the reporting period jumped by 43.4% to 62.1 billion drams. ($ 1 – 407.36 drams). -0-
