ARKA releases fresh issue of its “Credit Organizations of Armenia” bulletin

YEREVAN, August 16. /ARKA/. ARKA news agency has released its economic and financial bulletin – “Credit Organizations of Armenia” for the second quarter of 2017. This product is published once a quarter and is compiled based on officially published financial reports of credit organizations (CO).

The bulletin comprises approximately 43 pages of tabular information and has 11 main sections:
1.General Characteristics of credit organizations. 2. Assets. 3. Liabilities. 4. Capital.
5. Income/Losses. 6. Normative indicators for credit organizations. 7. Capitalization indicators. 8. Profitability indicators. 9. Summarized performance indicators of credit organizations (summary). 10. Summarized efficiency indicators. 11. Main services offered by credit organizations.

The information provides an overview of the financial status of credit organizations in Armenia and comparative analyses of their activities. The product also contains technical and methodological comments to the tables.

ARKA news agency was established in 1996. It is specialized in reporting financial, economic and political news. It issues several bulletins, including a quarterly bulletin Basic Indicators of Armenian Banks (since 1999), Credit Organizations of Armenia (since 2005), Financial Indicators of Banks (since 2006) and Indicators of Insurance Companies Performance since 2008. —0—-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 22-28)

The week in Armenia's financial market was dominated by the debt agenda, Central Bank statements, currency dynamics, and decisions regarding non-cash payments.

Unibank and “Vanq” Charity Fund Support Wheelchair Basketball Exhibition Game in Yerevan

Paralympic gold medalists and U.S. Sports Envoys Rose Hollermann and Steve Serio visited Armenia to conduct a wheelchair basketball masterclass and an exhibition game. Unibank and the “Vanq” Charity Fund jointly sponsored the concluding event held in Yerevan, supporting an initiative that combined sport with a powerful message of determination, resilience, and overcoming barriers. 

EDB has identified three main drivers of economic growth in Armenia

The Eurasian Development Bank (EDB) has identified the services sector, construction, and industry as the main drivers of economic growth in Armenia in January–May 2026.

Net non-commercial remittances in Armenia accelerated to 16% in April – WB

Net non-commercial remittances in Armenia increased by 16% year-on-year in April from a low base in 2025, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 24, 2026, fell by 0.15 points compared to June 23, to 367.93 drams.

LATEST NEWS

spot_imgspot_imgspot_img