{"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":"

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 – 80.68 percent year-on-year growth.<\/p>\n

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

Although the country\u2019s banks have built up their net profits, their other indicators were flagging in the fist quarter.<\/p>\n

For example, their assets totaled AMD 4 093.19 billion remaining almost unchanged, compared with the end of 2016 (0.002% decline).<\/p>\n

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

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

Top five banks\u2019 liabilities totaled AMD 1 956.4 billion making up about 57% of the total amount.
\nLiabilities to clients (account and deposits) grew 0.98% to AMD 2 354.1 billion.<\/p>\n

Banks\u2019 total capital amounted to AMD 665.5 billion (0.13% growth). ($1 \u2013 AMD 484.44). –0—<\/p>\n","protected":false},"excerpt":{"rendered":"

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 – 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":["post-107167","post","type-post","status-publish","format-standard","has-post-thumbnail","category-banks-en-en","category-news","tag-armenia-2","tag-banking-sector","tag-profit","tag-323"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t