{"id":112174,"date":"2018-01-22T12:29:27","date_gmt":"2018-01-22T12:29:27","guid":{"rendered":"https:\/\/armbanks.am\/2018\/01\/22\/247106\/"},"modified":"2024-12-15T13:32:17","modified_gmt":"2024-12-15T13:32:17","slug":"armenias-banking-sector-reports-growth-in-2017","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2018\/01\/22\/112174\/","title":{"rendered":"Armenia\u2019s banking sector reports growth in 2017"},"content":{"rendered":"<p><strong>YEREVAN, January 22. \/ARKA\/.<\/strong> Armenia\u2019s banking sector reported a growth in all major financial indicators last year. According to their official statements, their combined assets totaled 4.362 trillion drams, having grown by 6.67% from the previous year. Out of the 17 operating banks, only five saw their assets drop.<\/p>\n<p>Over the year, Armenian banks increased their credit investments by 3.54% to 2.646.8 trillion drams.<br \/>\nAt the same time, their total liabilities totaled 3.661 trillion drams, which was by 6.83% more than in 2016. Their liabilities to customers increased by 9.8% to 2.555.7 trillion drams.<\/p>\n<p>The sector\u2019s combined capital grew by 5.83% to 701 billion drams, and the banks\u2019 authorized capital stood at 463.7 billion drams (an increase of 10.43%).<\/p>\n<p>The banking sector\u2019s net profit amounted to 38.3 billion drams, up from 33.1 billion drams in 2016 (an increase of 15.5%). At the same time, out of all operating banks only two completed the past year with losses (against four in 2016). ($ 1 &#8211; 481.96 drams). &#8211;0&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia\u2019s banking sector reported a growth in all major financial indicators last year. According to their official statements, their combined assets totaled 4.362 trillion drams, having grown by 6.67% from the previous year<\/p>\n","protected":false},"author":1,"featured_media":175102,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12869,308],"class_list":{"0":"post-112174","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-308"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/112174","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=112174"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/112174\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/175102"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=112174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=112174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=112174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}