ARKA releases its “Banks of Armenia” for third quarter

YEREVAN, November 11. /ARKA/. ARKA news agency has released a regular quarterly issue of “Banks of Armenia” bulletin for the third quarter of 2013.

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

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

The bulletin presents an overall picture of the financial condition of Armenian banks that allows making a comparative analysis of their activities.

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

spot_img

POPULAR

Jasmine Home: The Story of Young Sisters’ Business

Ten years ago, sisters Anna and Ani founded Jasmine Home, offering dozens of high-quality textile products—blankets, bedding sets, pillows, and many other items.

Financial adventures lead to great victories: the results of the 4th Junius online tournament have been announced

Intense competition, new discoveries, and useful leisure time—these are the characteristics that best describe the Junius online financial tournament, so beloved by children.

Non-resident investment in dram bonds in Armenia has nearly doubled, Central Bank Board Member

A rather interesting picture of increased foreign investment is emerging in Armenia's capital market, said Armen Ktoyan, a member of the Board of the Central Bank of Armenia, in an interview with CivilNet.

Foreign currency supply increasing in Armenia – Central Bank

The supply of foreign currency is growing in Armenia's foreign exchange market, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, stated in an interview with CivilNet.

EBRD to Launch AMD 5 Billion Floating-Rate Bond Offering in Armenia

The European Bank for Reconstruction and Development (EBRD) is set to launch a new AMD 5 billion floating-rate bond issuance in the Armenian capital market, reaffirming its commitment to supporting the development of local currency financing and deepening Armenia’s financial markets.

LATEST NEWS

spot_imgspot_imgspot_img