{"id":107167,"date":"2017-04-21T08:08:56","date_gmt":"2017-04-21T08:08:56","guid":{"rendered":"https:\/\/armbanks.am\/2017\/04\/21\/246192\/"},"modified":"2024-12-15T13:28:56","modified_gmt":"2024-12-15T13:28:56","slug":"net-profit-of-armenias-banking-sector-amounts-to-amd-10-87-billion-in-1st-q-2017","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/04\/21\/107167\/","title":{"rendered":"Net profit of Armenia\u2019s banking sector amounts to AMD 10.87 billion in 1st Q 2017"},"content":{"rendered":"<p><strong>YEREVAN, April 21. \/ARKA\/.<\/strong> The net profit of Armenia\u2019s banking sector amounted to AMD 10.87 billion in the first quarter of 2017 against AMD 6 billion in the first quarter of the previous year &#8211; 80.68 percent year-on-year growth.<\/p>\n<p>According to quarterly reports, of the 17 banks operating in Armenia, 13 enjoyed growth, while two sustained losses amounting to AMD 1.13 billion.<\/p>\n<p>Although the country\u2019s banks have built up their net profits, their other indicators were flagging in the fist quarter.<\/p>\n<p>For example, their assets totaled AMD 4 093.19 billion remaining almost unchanged, compared with the end of 2016 (0.002% decline).<\/p>\n<p>Top five banks\u2019 assets totaled AMD 2 222.3 billion making up 54.3% of the total amount of the banking sector\u2019s assets.<\/p>\n<p>Banks\u2019 credit aggregate exposure grew 0.05% to AMD 2 558 billion, while their liabilities shrank 0.03% to AMD 3 427.6 billion.<\/p>\n<p>Top five banks\u2019 liabilities totaled AMD 1 956.4 billion making up about 57% of the total amount.<br \/>\nLiabilities to clients (account and deposits) grew 0.98% to AMD 2 354.1 billion.<\/p>\n<p>Banks\u2019 total capital amounted to AMD 665.5 billion (0.13% growth). ($1 \u2013 AMD 484.44). &#8211;0&#8212;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The net profit of Armenia\u2019s banking sector amounted to AMD 10.87 billion in the first quarter of 2017 against AMD 6 billion in the first quarter of the previous year &#8211; 80.68 percent year-on-year growth<\/p>\n","protected":false},"author":1,"featured_media":157087,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12869,12299,323],"class_list":{"0":"post-107167","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-armenia-2","10":"tag-banking-sector","11":"tag-profit","12":"tag-323"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/107167","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=107167"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/107167\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157087"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=107167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=107167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=107167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}