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ARKA News Agency released “Banks of Armenia” for 1Q 2013

YEREVAN, May 7. /ARKA/. ARKA news agency has released a regular quarterly bulletin “Banks of Armenia” for the first quarter of 2013.

The bulletin is embraces published financial statements and reports of banks, as well as additional information provided by the banks.

It contains 60 pages of tabular information about banks’ performance, and consists of nine major sections, describing the banking system’s general characteristics, assets, obligations, capital, profits and losses, cash flows, liquidity level and market value, normative indicators of risk and profitability.

The bulletin presents an overall picture of the financial condition of Armenian banks allowing to make a comparative analysis of their activities.

ARKA was founded in 1996 and is specializes in providing financial, economic and political information. It produces quarterly bulletins Banks of Armenia, Credit Organizations of Armenia and Insurance Companies of Armenia. -0-

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