YEREVAN, January 22. / ARKA /. The total liabilities of 21 Armenia-based banks in 2012 surged by 19.7% t0 2. 002.6 trillion drams, according to ARKA news agency’s financial and economic report called “Banks of Armenia” (Performance of Banks of Armenia in Quarter 4, 2012).
According to it, the leading bank by size of liabilities was Ameriabank. Its liabilities rose last year by 25.26 percent to 208.1 billion drams. It was followed by ACBA-CREDIT AGRICOLE BANK with 199.2 billion drams liabilities, which grew from 2011 by 15.23 percent.
VTB Bank (Armenia) was third with 181.4 billion drams worth liabilities (a 21% rise form the previous year), HSBC Bank Armenia – 175.9 billion drams (an 18.3% growth from 2011) and Ardshininvestbank -168 billion drams (30.4% increase). ($ 1 – 406.84 drams). -0-
