Daily Archives: May 8, 2013

Armenian banks’ investments in government bonds dropped by 2.4 percent in first quarter

Armenian banks’ investments in government bonds stood at 173.7 billion drams in the first quarter (late March), which was 2.4% less than at the beginning of the year, according to the findings of a study made by ARKA news agency on the basis of their interim financial statements for the first quarter

Armenian banks’ return on assets in first quarter drops to 1.37 percent

Armenia-based commercial banks’ averaged return on assets (ROA) index, showing a company’s efficiency in making profits from its assets, dropped to 1.37 percent in the first quarter of 2013 from 1.94 percent in the last quarter of 2012

Central Bank of Armenia auctions 3 billion drams worth long-term government bonds

The Central Bank of Armenia said it has auctioned today 3 billion drams worth long-term government bonds of AMGB10172218 issue with a maturity of up to 17 February 2021

Overdue loans of Armenian commercial banks in March rose to 13 billion drams

Overdue loans of Armenian commercial banks surged by 21.5% in late March if compared to January, to 13 billion drams or 0.8% of the total loans, according to the latest numbers released today by the National Statistical Service

Dow Jones closes above 15,000 as world shares gain :BBC

The Dow Jones index closed above 15,000 for the first time as strong German factory data pushed US and European share markets higher, BBC reported Wednesday