YEREVAN, August 26. \/ARKA\/. Armenian banks\u2019 aggregate assets have shrunk 3.36% or by AMD 47.6 billion over the second quarter of 2010 to AMD 1370.6 billion (1.05% growth since the beginning of the year).<\/p>\n
ARKA News Agency\u2019s analysis based on banks\u2019 quarterly reports shows that ACBA-Credit Agricole Bank, with its assets totaling AMD 171.5 billion, is the biggest asset owner among Armenian banks. The bank\u2019s assets reduced 1.65% at the second quarter. Its share in Armenian banks\u2019 aggregate assets is 12.51%.<\/p>\n
The second largest asset owner is HSBC Bank Armenia with its AMD 126.7 billion (9.25% share in banks\u2019 aggregate assets).<\/p>\n
Ameriabank, with its AMD 121.4 billion (8.86%), came third, Armbusinessbank fourth (AMD 113.3 billion, 8.27%) and Ardshininvestbank fifth (AMD 111.2 billion, 8.11%).<\/p>\n
These five banks\u2019 assets made up 47% of Armenian banking system\u2019s total assets.<\/p>\n
Mellat Bank was singled out for the fastest asset growth. Its assets have grown 22.41% over the second quarter to AMD 19.9 billion.<\/p>\n
Byblos Bank\u2019s assets grew 15.95% at the 2nd Q to AMD 25.6 billion, ProCredit Bank showed 8.82% asset growth (to AMD 19.4 billion), Areximbank-Gazprom Group 7.8% to AMD 49.2 billion and Araratbank 3.72% to AMD 42.7 billion.<\/p>\n
Some 21 commercial banks with their 394 branches function in Armenia. ($1 = AMD 366.76).-0—<\/p>\n","protected":false},"excerpt":{"rendered":"
Armenian banks\u2019 aggregate assets have shrunk 3.36% or by AMD 47.6 billion over the second quarter of 2010 to AMD 1370.6 billion (1.05% growth since the beginning of the year).<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12680,12163],"class_list":{"0":"post-14436","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-armenia-2","9":"tag-assets-shrank","10":"tag-banks"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/14436","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=14436"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/14436\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=14436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=14436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=14436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}