{"id":120686,"date":"2019-04-18T13:33:20","date_gmt":"2019-04-18T13:33:20","guid":{"rendered":"https:\/\/armbanks.am\/2019\/04\/18\/248450\/"},"modified":"2024-12-15T13:37:27","modified_gmt":"2024-12-15T13:37:27","slug":"armenia-based-banks-net-profit-drops-by-45-percent-in-first-quarter-of-2019","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2019\/04\/18\/120686\/","title":{"rendered":"Armenia-based banks\u2019 net profit drops by 20 percent in  first quarter of 2019"},"content":{"rendered":"\n<p><strong>YEREVAN, April 18. \/ARKA\/. <\/strong> The net profit of 17 Armenia-based commercial banks in the first quarter of 2019 dropped by 20.3%  to 16 billion drams from 20.1 billion drams in the first quarter of 2018, according to the banks\u2019 statements.<\/p>\n\n\n\n<p>More precisely, 11 of the 17 banks posted decline in profits, but despite it all of them closed the quarter without  losses.<\/p>\n\n\n\n<p>According to the quarterly results, the total assets of Armenia-based banks amounted to 5.125.4 trillion drams (a 3.4% growth). The lending by banks during the reporting period increased by 2% to 3.126.7 trillion drams.<\/p>\n\n\n\n<p>The banks\u2019 total liabilities at the end of the first quarter of 2019 stood at  4.340.6 trillion drams (an increase of 3.5%), while liabilities to customers amounted to 2.889.4 trillion drams (an increase of 1.7%).<br>\nThe total capital of the banks dropped by 2.6% to  784.7 billion drams. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The net profit of 17 Armenia-based commercial banks in the first quarter of 2019 dropped by 45.2% to 16 billion drams from 29.3 billion drams in the first quarter of 2018, according to the banks\u2019 statements<\/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":[15837,12163,12299,308],"class_list":{"0":"post-120686","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-banks","11":"tag-profit","12":"tag-308"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/120686","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=120686"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/120686\/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=120686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=120686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=120686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}