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Armenian banks’ liabilities grow 11.17% to AMD 2213.9 billion

YERERVAN, July 24. /ARKA/. Armenian banks aggregate liabilities have grown 11.17% since the beginning of this year reaching AMD 2213.9 billion by late June.

ARKA News Agency’s analysis shoes that Ameriabank has more liabilities than other banks in Armenia. They totaled AMD 327.2 billion in late June after growing 57.1%, compared with early January. The bank’s share in the aggregate liabilities of Armenia’s banks is 14.7%.

VTB Bank (Armenia), with its liabilities amounting to AMD 226.5 billion and 25.18% growth, came second in ARKA News Agency’s ranking, and ACBA-CREDIT AGRICILE BANK, with its AMD 209.5 billion and 5.53% growth, came third.

Ardshininvestbank’s AMD 194.8 billion and 19.79% growth brought it the fourth rank. HSBC Bank Armenia was ranked fifth (about AMD 182.2 billion and 3.54% growth).

As many as 21 commercial banks operated in Armenia in late June 2013. ($1 – AMD 409.97). —0—

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