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

Climate risks at the settlement level: Central Bank of Armenia unveils new tool

The Central Bank of Armenia, with the support of the Asian Development Bank, has unveiled the "Armenia Climate Risk Maps" program, which enables the assessment of climate-related and natural threats specific to various territories at the settlement level.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 21–27)

Armenia’s financial agenda this week centered on developing regulatory cooperation, digitizing currency transactions, and expanding capital market instruments.

Exchange rates of the euro, ruble, and dollar against the Armenian dram have risen – Central Bank of Armenia data

he average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, rose by 0.14 points on September 25 compared to September 24, reaching 363.52 drams.

Financial literacy among children: Idram&IDBank

Did you know that, on average, only 11% of 15-year-old students in OECD countries demonstrate capabilities corresponding to the highest, 5th level of financial literacy?

Team Holding Raises Approximately $35 Million on the Armenian Capital Market via Bond Issuance

Team Holding has completed its corporate bond public offering program in Armenia, raising funds equivalent to approximately $35 million.

LATEST NEWS

spot_imgspot_imgspot_img