{"id":100498,"date":"2016-08-12T12:17:10","date_gmt":"2016-08-12T12:17:10","guid":{"rendered":"https:\/\/armbanks.am\/2016\/08\/12\/245058\/"},"modified":"2024-12-15T13:24:56","modified_gmt":"2024-12-15T13:24:56","slug":"armenian-banks-combined-portfolio-grows-by-17-percent","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2016\/08\/12\/100498\/","title":{"rendered":"Armenian banks\u2019 combined portfolio grows by 17 percent"},"content":{"rendered":"<p><strong>YEREVAN, 12 August. \/ARKA\/.<\/strong> In the first six months of 2016 the combined portfolio of Armenia-based commercial banks grew by almost 17% to 310.5 billion drams, according to the latest issue of ARKA news agency\u2019s quarterly bulletin \u201cBanks of Armenia&#8221; (Armenian banks\u2019 performance for the second quarter 2016).<\/p>\n<p>These banks&#8217; investments in securities made 8.88% in their total assets, while about 93% of the investments in securities- 287.8 billion drams- were in government bonds.<\/p>\n<p>The top five banks by size of investments in securities were Armswissbank, Ameriabank, VTB Bank (Armenia), Armbusinessbank and HSBC Bank Armenia. They accounted for 44.5% of all investments in securities or 138.5 billion drams.<\/p>\n<p>Armswissbank\u2019s investments in securities at the end of June made 38.87% of its total assets, or 33.9 billion drams, an 11.5% rise from the beginning of the year. Apart from providing so-called traditional banking services, Armswissbank also provides investment services and often acts as a market-maker of underwriter.<\/p>\n<p>Ameriabank\u2019s investments during this period amounted to 33.6 billion drams (a 12.9% growth), those of VTB Bank (Armenia) grew by 26.2% to 25.5 billion drams, Armbusinessbank\u2019s investments upped by 6.4% to\u00a0 24.7 billion drams and those of\u00a0 HSBC Bank Armenia soared by 43.3% to 20.5 billion drams.<\/p>\n<p>The combined assets of 20 Armenia-based commercial banks\u2019 at the end of June 2016 stood at about 3.5 trillion drams, growing by 0.6% from the beginning of the year. ($1 \u2013 476.25 drams). \u20140-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the first six months of 2016 the combined portfolio of Armenia-based commercial banks grew by almost 17% to 310.5 billion drams, according to the latest issue of ARKA news agency\u2019s quarterly bulletin \u201cBanks of Armenia&#8221; (Armenian banks\u2019 performance for the second quarter 2016<\/p>\n","protected":false},"author":1,"featured_media":175474,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15662,15837,12163],"class_list":{"0":"post-100498","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-armbanks-am-2","10":"tag-armenia-2","11":"tag-banks"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/100498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=100498"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/100498\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/175474"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=100498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=100498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=100498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}