{"id":105168,"date":"2017-01-24T15:02:03","date_gmt":"2017-01-24T15:02:03","guid":{"rendered":"https:\/\/armbanks.am\/2017\/01\/24\/245795\/"},"modified":"2024-12-15T13:27:31","modified_gmt":"2024-12-15T13:27:31","slug":"ranking-of-armenian-banks-by-size-of-assets-in-2016","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/01\/24\/105168\/","title":{"rendered":"Ranking of Armenian banks by size of assets in 2016"},"content":{"rendered":"<p><strong>YEREVAN, January 24. \/ARKA\/.<\/strong> The aggregate assets of 17 commercial banks operating now in Armenia grew by 16.5% in 2016 to 4.049.8 trillion drams. Similarly, the banks\u2019 lending last year increased by 20.1% to 2.538.5 trillion drams.<\/p>\n<p>According to the ranking of the banks by size of their assets, compiled by ARKA news agency, the top five largest banks were Ameriabank, Ardshinbank, Armbusinessbank, ACBA-CREDIT AGRICOLE BANK and Anelik Bank. Together they accounted for 54.2% of the total assets of all 17 banks. In terms of money the figure was worth 2.194.7 trillion drams.<\/p>\n<p>Of 17 operating banks 14 banks increased their assets. The largest growth was reported by Anelik Bank, whose assets actually tripled. It was followed by Araratbank, up 63.3% and Byblos Bank Armenia &#8211; 61% growth.<\/p>\n<p>The largest decline were posted by VTB Bank (Armenia) (25.01%) and HSBC Bank Armenia (21.6%).<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-105169\" src=\"https:\/\/armbanks.am\/wp-content\/uploads\/2024\/12\/renking.jpg\" width=\"650\" height=\"523\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>The decision of the Central Bank of Armenia to raise the statutory capital of the banks from 5 billion drams to 30 billion drams, effective from January 1, 2017, prompted mergers and acquisitions. As a result, of 21 banks there remain now 17.<\/p>\n<p>The ranking is compiled based on ARKA news agency\u2019s bulletin \u201cBanks of Armenia.&#8221; To purchase this bulletin and other information products of the news agency, please contact the marketing department (e-mail: sales@arka.am). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The aggregate assets of 17 commercial banks operating now in Armenia grew by 16.5% in 2016 to 4.049.8 trillion drams. Similarly, the banks\u2019 lending last year increased by 20.1% to 2.538.5 trillion drams<\/p>\n","protected":false},"author":1,"featured_media":171680,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12315,9214,9216,13105],"tags":[15837,15763,12163,13106,466],"class_list":{"0":"post-105168","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-announces","8":"category-banks-en-en","9":"category-news","10":"category-ratings","11":"tag-armenia-2","12":"tag-assets-2","13":"tag-banks","14":"tag-ranking","15":"tag-466"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/105168","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=105168"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/105168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/171680"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=105168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=105168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=105168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}