Thu, 18 September
25.1 C
Yerevan
USD: 382.59 RUB: 4.62 EUR: 452.83 GEL: 140.01 GBP: 522.58

Armenian investment companies’ undistributed profits grow 2.5 times in 2016

YEREVAN, February 16. /ARKA/. Armenian investment companies’ undistributed profits grew 2.5 times in 2016, compared with the previous year, to AMD 1 951 million, the Central Bank of Armenia reports.

They assets totaled AMD 41.6 billion in late 2016 after growing 45.1% over one year.

The investment companies’ aggregate liabilities amounted to AMD 35.1 billion showing a 43.1% year-on-year growth and their total capital reached AMD 6.5 billion after growing 1.5 times in 2016, compared with 2015.

According to the central bank, eight investment companies operate in Armenia now. The country’s 17 commercial banks provide investment services at securities markets as well. ($1 – AMD 486.62). –0—

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

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.

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

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

LATEST NEWS

spot_imgspot_imgspot_img