{"id":136377,"date":"2021-11-05T14:48:01","date_gmt":"2021-11-05T14:48:01","guid":{"rendered":"https:\/\/armbanks.am\/2021\/11\/05\/250074\/"},"modified":"2024-12-15T13:45:58","modified_gmt":"2024-12-15T13:45:58","slug":"union-of-banks-of-armenia-capital-of-17-armenia-based-banks-in-third-quarter-of-2021-grew-to-927-billion-drams","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2021\/11\/05\/136377\/","title":{"rendered":"Union of Banks of Armenia: capital of 17 Armenia-based banks in third quarter of 2021 grew to 927 billion drams"},"content":{"rendered":"\n<p><strong>YEREVAN, November 5. \/ARKA\/. <\/strong>The capital of all 17 Armenia-based banks in the third quarter of 2021 stood at 927 billion drams, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said.<\/p>\n\n\n\n<p>\u201cThis is quite an impressive figure that helps banks withstand stressful situations,\u201d he said at a press conference on Friday.<\/p>\n\n\n\n<p>His deputy Arman Sargsyan said that in the first nine months of 2021 the total capital of all banks grew by 4.2% or 37 billion drams year-on-year.<\/p>\n\n\n\n<p>\u201cThe growth rate also continued in the third quarter and amounted to 1.3%. It is indicative that a substantial portion of the growth of capital was due to the replenishment of the authorized capital during 2021,\u201d he said.<\/p>\n\n\n\n<p>According to the UBA, all 17 banks run 541 branches in Armenia, employing as many as 12,700 people.<\/p>\n\n\n\n<p>All the banks serve over 3.3 million clients, including non-residents. Those customers who have accounts with several banks are also taken into account. All clients have over 6.5 million bank accounts.<\/p>\n\n\n\n<p>According to the Deputy Executive Director of the UBA, the number of clients increased by 2.9% in the first 9 months of 2021, while the number of accounts by 4.3%, or by about 270,000.<\/p>\n\n\n\n<p>According to the UBA, the profit of the banks in January-September amounted to 66.3 billion drams (an increase of 13.1% in comparison with the same period last year), assets grew by 3.7% to 6.9 trillion drams, liabilities grew by 3.7% to about 6 trillion drams, lending dropped by 6.7% to 3.9 trillion drams, and deposits grew by 3.9% to 3.9 trillion drams. ($1 &#8211; 476.22 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The capital of all 17 Armenia-based banks in the third quarter of 2021 stood at 927 billion drams, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said<\/p>\n","protected":false},"author":1,"featured_media":174236,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12211,13991,319],"class_list":{"0":"post-136377","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-capital","11":"tag-union-of-banks","12":"tag-319"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/136377","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=136377"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/136377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/174236"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=136377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=136377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=136377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}