Sat, 28 February
2.1 C
Yerevan
USD: 377.00 RUB: 4.88 EUR: 444.78 GEL: 140.99 GBP: 507.97

Arka releases ‘Banks of Armenia’ bulletin for Q3, 2016

YEREVAN, November 9. /ARKA/. ARKA news agency has released a new issue of its quarterly bulletin “Banks of Armenia” for the third  quarter of 2016.

The issue is based on banking organizations’ unified reports published in the press in the second quarter of 2016, as well as additional information provided by banks.

The bulletin consists of 60 pages of tabular information under the following main categories: 1. Description, 2. Assets, 3. Liabilities, 4. Capital, 5. Profits/Losses, 6. Cash Flows, 7. Liquidity and Capitalization, 8. Target risk levels and 9. Profitability.

The information gives an overall view of the financial status of Armenia’s banks and provides a tool for comparative analysis.

ARKA News Agency was founded on May 1, 1996, and specializes in financial, economic and political coverage. It started issuing its “Activity Indicators of Banks of Armenia” (‘Banks of Armenia’ today) in 1999. The agency released the first issue of its “Credit Organizations of Armenia” in March 2005 and that of Insurance Companies of Armenia in July 2008. —–0—

spot_img

POPULAR

S&P assesses risks to Armenia’s financial stability as contained

International rating agency S&P Global Ratings assesses risks to Armenia's financial stability as contained.

Armenia’s public debt net of liquid assets will remain stable at 44% of GDP in the medium term – S&P

Taking into account the narrowing budget deficits and high nominal GDP growth, the international rating agency S&P Global Ratings forecasts that Armenia's public debt net of liquid assets will remain broadly stable at a moderate 44% of GDP in the medium term.

Investment portfolio of Armenian credit institutions in 2025 exceeded 103 billion drams

The total investment portfolio of Armenian credit institutions at the end of 2025 amounted to 103.4 billion drams, according to the consolidated financial report of the country's credit institutions.

Assets of Armenian Credit Institutions Grew by 11.93% to AMD 859.9 Billion in 2025

The total assets of Armenia's credit institutions as of December 31, 2025, amounted to AMD 859.9 billion, an increase of 11.93% compared to December 31, 2024.

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

LATEST NEWS

spot_imgspot_imgspot_img