Armenian banks’ liabilities fell to 2,456.8 bln drams in Q3

YEREVAN, October 22./ARKA/. Liabilities of Armenia’s banks to customers fell by 0.5% to 2,456.8 billion drams in the third quarter of this year.

An analysis by ARKA showed Ameriabank was the leader in liabilities with its 293.2 billion drams as of the end of Q3 (6.1% increase against the beginning of the year). This bank accounted for 11.9% of overall liabilities in the period.

Bank VTB (Armenia) is the second with 260.8bln (decrease of 1.6%) in liabilities, having accounted for 10.6% of the overall amount.

Ardshininvestbank is the third with 226 bln drams (0.35% increase) and 9.2% in overall liabilities, followed by ACBA-CREDIT AGRICOLE BANK with about 220 bln drams and 8.9% (about 3% increase) respectively and Armbusinessbank with about 215.9 bln drams and 8.8% (11% increase).

Assets of Armenia-based banks amounted to about 2,956.1 billion drams in the period, an increase of 0.6% from the beginning of the year. Total capital of the banks was 499.3bln drams (6.45% increase) and net profit was 28.2 bln drams (reduction of 20.1%). ($1=409.66drams).  –0–

spot_img

POPULAR

Armenia to Contribute an Additional €8.2 Million to the Capital of the Black Sea Trade and Development Bank

Armenia will contribute an additional €8.2 million to the authorized capital of the Black Sea Trade and Development Bank (BSTDB).

35% Discount for the 35th Anniversary on Selected IDBank Cards

IDBank continues its series of initiatives dedicated to its 35th anniversary. To mark this jubilee year, the Bank presents another profitable offer to its customers.

IDBank at the UBA Regional Conference: From Travel Solutions to Business Opportunities

IDBank participated in the latest regional conference of the Union of Banks of Armenia, held this time in Gyumri.

A silver commemorative coin, “Sevanavank,” with a face value of 2,000 drams put into circulation in Armenia

On November 13, the Central Bank of Armenia put into circulation a silver commemorative coin titled "Sevanavank," part of the "Historical Doors" series.

Business loan pre-approval in five minutes — what did Unibank showcase in Gyumri?

Unibank showcased its financing and card payment solutions for small and medium-sized enterprises at the “Banks and Business in Gyumri” expo, organised at the initiative of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img