Fri, 14 February
-0.9 C
Yerevan
USD: 396.42 RUB: 4.33 EUR: 412.99 GEL: 140.53 GBP: 495.29
spot_img

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

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

Viva Armenia Issues its First Bonds Worth $80 Million

Viva Armenia CJSC announces the issuance of nominal, coupon paying bonds. The company has issued dollar-denominated bonds with a total face value of $80 million. The underwriter for these bonds is Ameriabank.

ARKA News Agency unveils updated Arkatelecom.am website

ARKA News Agency announces the launch of the updated website Arkatelecom.am — the first specialized resource in the field of high technologies and telecommunications in Armenia, operating since 2008.

LATEST NEWS

spot_imgspot_imgspot_img