YEREVAN, March 22. /ARKA/. Deposits in Armenia’s top ten banks singled out for the largest amount of deposits totaled AMD 1137.5 billion in 2012 after growing 20.4%, compared with 2011.
According to the data of ARKA News Agency’s rating, the deposits attracted by these ten banks made up 78.45% of the aggregate deposits in Armenian banks in 2012.
The Central Bank ofArmeniasays 21 banks function inArmenianow.
HSBC BankArmenia, with its AMD 133.5 billion, is topping ARKA News Agency’s ranking in 2012, just as in 2011 – 13.9% year-on-year growth. Its deposits’ share in the total amount of deposits in Armenian banks was 11.74% in 2012.
Ameriabank, with its AMD 126.3 billion, came second in ARKA News Agency’s 2012 ranking (the bank was third in 2011), showing a year-on-year growth close to 40.3% and a 11.10% share in the total amount of deposits in the country’s banks.
Ardshininvestbank, with AMD 108 billion and a 14.9-percent year-on-year growth, ranked third. Its share was 9.5%.
Unibank was the fourth biggest deposit-keeper among Armenian banks in 2012. The bank has built up its deposit portfolio 41.8% over the year to AMD 104.2 billion. Its share in Armenian banks’ aggregate deposit portfolio was 9.16%. The bank ranked seventh in ARKA News Agency’s 2011 rating.
VTB Bank (Armenia) came fifth here improving its 2011 position by one notch and exchanging ranks with Armbusinessbank. The bank built up its deposit portfolio 34.1% to AMD 100.2 billion accounting for 8.81% of Armenian banks’ aggregate deposit.
Armbusinessbank’s AMD 92 billion (a 4.4% year-on-year growth) won the sixth position to the bank. The share in Armenian banks’ aggregate deposit portfolio was 8.09%.
Converse Bank was placed seventh in ARKA News Agency’s ranking. It deposit portfolio amounted to AMD 80.8 billion in 2012 after shrinking 18.1%, compared with the previous year. The bank had 7.11% in Armenian banks’ aggregate deposit portfolio in 2012. The bank was second in the 2011 rating.
ACBA-CREDIT AGRICOLE BANK kept its 2011 rank pegged in 2012. The bank won its eighth rank in 2012 for its AMD 67.8 billion (20.2% growth and 5.96% share).
Artsakhbank, with its AMD 40.5 billion (29.4% growth and 3.56% share), was named the ninth largest depositee among Armenian banks. It was tenth in 2011.
Areximbank – Gazprombank Group, with AMD 38.9 billion (19.5% year-on-year growth and 3.42% share) rounds out the top ten. The bank was ninth in 2011.
ARKA News Agency’s ranking is based on the data of the agency’s Banks of Armenia quarterly bulletin, which contains all the indicators of Armenian banks.
The figures are taken from banks’ regular and additional financial reports. -0-
