ARKA News Agency releases its quarterly bulletin “Credit Organizations of Armenia” for fourth quarter of 2013

YEREVAN, February 21. / ARKA /. ARKA news agency has released a regular issue of its quarterly bulletin “Credit Organizations of Armenia” for the fourth quarter of 2013.

The bulletin is based on  financial reports of crediting organizations, published in the Armenian newspapers. It contains approximately 43 pages of tabulated material reflecting various indicators of credit organizations and consists of 11 sections:

1. General characteristics of credit organizations. 2. Assets. 3. Liabilities. 4. Capital. 5. Profit/Loss 6.. Statutory performance indicators of credit institutions. 7. Indicators of capital adequacy. 9. Statutory indicators of profitability and returns. 10. Summary of the activities of credit institutions (generalization). 11. Basic services of credit institutions.

The  bulletin allows to have an overall picture of the financial standing of credit institutions in Armenia and make a comparative analysis of their activities.

ARKA News Agency has been operating since May 1 of 1996 and specializes in financial, economic and political information. The agency began to release quarterly bulletin “Indicators of the activities of Armenian banks in 1999 and “Crediting organizations of Armenia” quarterly bulleting in March 2005.

Since May 2006 ARKA News Agency has been issuing “Financial indicators of banks” per the data of annual independent audits. Starting from July 2008, the agency has been issuing “Indicators of the activities of insurance companies of Armenia” quarterly bulletin. -0-

spot_img

POPULAR

“The Golden Hour”: IDBank explains how to respond effectively to a scam attack

In medicine, there is a concept known as the “golden hour” – the critical time after an injury when assistance is most effective.

AMX Hosts Auction for 25 Billion Dram Government Bond Issuance

An auction for the issuance of government bonds totaling 25 billion drams took place at the Armenia Securities Exchange (AMX) on October 13, the exchange's press service reported.

$284.4 million for housing for refugees from Artsakh and mortgage market development: Armenian parliament ratifies agreement with IBRD

The National Assembly of Armenia, at an extraordinary session on Monday, ratified loan and grant agreements totaling $284.4 million with the International Bank for Reconstruction and Development (IBRD, part of the World Bank Group).

US dollar and ruble exchange rates against the Armenian dram rose, while the euro rate fell – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market rose by 0.18 points on October 7 compared to October 6, reaching 362.32 drams.

The “Physmath Friends” Charitable Foundation is the October beneficiary of “The Power of One Dram”

Within the framework of "The Power of One Dram" initiative, AMD 4,648,503 accumulated during September was directed to organizing the "Climate Change and Women" award ceremony, which aims to highlight women's contributions to combating climate change and preserving biodiversity.

LATEST NEWS

spot_imgspot_imgspot_img