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-
