Fri, 16 May
10.6 C
Yerevan
USD: 386.94 RUB: 4.81 EUR: 433.30 GEL: 141.17 GBP: 514.17
spot_img

Assets of Armenian investment companies increase by 3.8% in January to 31.3 billion drams

YEREVAN, April 14. /ARKA/. The total assets of Armenian investment institutions in February 2016 increased by 3.8% from January to 31.3 billion drams, according to the monthly bulletin of the Central Bank for February 2016.

Their total liabilities amounted to 27 billion drams, a 3.8% increase over January. Their total capital stood at 4.3 billion drams in late February, having increased by 3.5% from January. Their retained profit amounted to 951 million drams against 870 million drams in late January (up 9.3%).

In Armenia investment services are provided by 21 banks and 8 investments firms. ($ 1 – 483.03 drams). -0–

spot_img

POPULAR

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia should develop technologically: Eqwefy CEO on economic challenges and new opportunities

The investment environment in Armenia continued to develop over the past year, despite global economic challenges.

LATEST NEWS

spot_imgspot_imgspot_img