Wed, 2 July
24.1 C
Yerevan
USD: 385.32 RUB: 4.91 EUR: 455.06 GEL: 141.61 GBP: 530.70

Some key indicators of Armenian banks characterizing financial stability saw a drop in 2018 April

YEREVAN, May 24. /ARKA/. Some of the key indicators characterizing the performance of Armenian commercial banks and their financial stability saw a drop in 2018 April as opposed to the previous month, according to data, provided by the Central Bank of Armenia.

Thus, the indicator of the banking sector’s total liquidity (highly liquid assets / total assets) in April was 29.9%, having decreased by 0.9 percentage points from the previous month. At the same time, the current liquidity indicator (highly liquid assets / demand liabilities) decreased by 6.6 percentage points to 142.1%.

The capital adequacy ratio of the banking sector in April decreased by 0.4 percentage points to 18.3% (the standard figure is 12%).

In the reporting month, the return on equity (ROE) index also decreased by 0.2 pp. to 8.5%, while the return on assets (ROA) indicator did not change, staying at 1.4%.

Also, in April 2018, the share of non-performing loans in the loan portfolio grew by 1.2 percentage points from the previous month to 6.6%.

According to the latest data of the Central Bank, the assets of the banking sector at the end of March 2018 stood at 4.434.3 trillion drams (an increase of 2.6%), their liabilities – at 3.718.3 trillion drams (an increase of 3.1%), and their capital was worth 715.9 billion drams (an increase of 0.3%). ($ 1 – 482.48 drams). -0-

spot_img

POPULAR

AMX Reaffirms Compliance with International ISO Standards

The Armenia Stock Exchange and Central Depository (AMX) have successfully completed their compliance certification with ISO 27001:2022 for Information Security Management and ISO 9001:2015 for Quality Management Systems.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

Ratio of loans to deposits in commercial banks of Armenia has improved – WB review

In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img