Sun, 24 August
29.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenian investment companies’ assets grew by 3.6 percent in October to 41.6 billion drams

YEREVAN, December 15. /ARKA/. The assets of Armenian investment companies in October 2016 increased by 3.6% when compared to September, amounting to 41.6 billion drams, according to the monthly bulletin of the Central Bank of Armenia for October 2016. Their total liabilities stood at 35.4 billion drams, having increased by 3.8% from September.

Their total capital amounted to 6.2 billion drams, having increased by 2.5% from the previous month. At the same time the retained profit of investment companies amounted to 1.746 billion drams, up from 1.561 billion drams at the end of September (11.9% growth).

To date, there are 19 banks and 8 investment companies at the local securities market. ($ 1 – 485.00 drams). -0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Unibank Issued Preferred Shares with a Fixed Annual Dividend of 12%

Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img