Wed, 18 February
11.1 C
Yerevan
USD: 377.69 RUB: 4.93 EUR: 446.88 GEL: 141.06 GBP: 512.37

Arka news agency releases bulletin “Credit Organizations of Armenia” for Q4, 2018

YEREVAN, February 20 /ARKA/. ARKA news agency has released its quarterly economic and financial bulletin – “Credit Organizations of Armenia” for the fourth quarter of 2018. The bulletin 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

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

Union of Banks of Armenia: cryptocurrency market is gaining momentum with 2-3 banks planning to obtain licenses

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

EDB assesses factors driving Armenia’s GDP growth in 2026 – macro review

According to EDB forecasts, Armenia's GDP will grow by 5.3% in 2026.

Yerevan budget revenues executed 103.6% in January 2026 — Municipality

Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img