Wed, 9 April
11.1 C
Yerevan
USD: 391.01 RUB: 4.56 EUR: 427.33 GEL: 141.93 GBP: 498.85
spot_img

Armenian banks invest AMD 178.1 billion in Government bonds in 2012

YEREVAN, February 14. /ARKA/. Armenian banks invested AMD 178.1 billion in government bonds in 2012 – 30.2% growth since the beginning of the year, ARKA News Agency’s analysis based on banks’ financial reports shows.

Investments in government securities accounted for 7.8% of banks’ assets in late December 2012 against 6.6% in the beginning of the year.

Banks’ reports show that their aggregate securities portfolio amounted to 183.9 billion in late Dec 2012. Government securities’ share here is 96.8%.

HSBC Bank Armenia was the largest investor in securities in 2012. It invested AMD 34.4 billion, of which AMD 33.9 billion or 98.72% were government bonds. Its investments in nongovernmental securities totaled AMD 441.5 million and made up 1.28% of its securities portfolio. HSBC interest income from investments in debt securities amounted to AMD 3142 million and made up 18.4% of its total interest income for the fourth quarter of 2012.

Armbusinessbank, with its AMD 20.6 billion, was the second biggest investor in 2012. Its investments in government bonds made up 99.69% of its securities portfolio, and investment in nongovernmental securities 0.31%. The bank’s interest income from investing in debt securities amounted to AMD 1003 million and constituted 5.9% of its total interest income in the fourth quarter 2012.

Armswissbank came third in ARKA News Agency’s ranking. It invested AMD 18.3 billion, of which 95.81 were government securities, and 4.19% were non-government securities.
Twenty one commercial banks with their 479 branches functioned in Armenia in late December 2012. ($1 – AMD 406.74). -0–

spot_img

POPULAR

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Ministry of Economy and  IMF delegation discussed Armenia’s economic diversification, export strategy

Yesterday, Armenian Economy Minister Gevorg Papoyan received a delegation led by Iva Petrova, head of the International Monetary Fund (IMF) mission in Armenia.

Concept of a private investment fund in Armenia discussed by Minister of Economy with Nubar Afeyan

The concept of creating a private investment fund in Armenia within the framework of effective public-private partnership was discussed by Armenian Minister of Economy Gevorg Papoyan and American businessman Nubar Afeyan.

Dollar, Euro And Ruble Exchange Rates Slightly Decrease Against Dram

The average market exchange rate of the US dollar to the Armenian dram on April 4, 2025, dropped by 0.1 points compared to April 3 and amounted to AMD 391.22.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img