{"id":19386,"date":"2011-02-03T12:28:24","date_gmt":"2011-02-03T12:28:24","guid":{"rendered":"https:\/\/armbanks.am\/2011\/02\/03\/232216\/"},"modified":"2024-12-15T12:49:46","modified_gmt":"2024-12-15T12:49:46","slug":"retained-earnings-of-armenian-credit-organizations-surge-by-66-1-in-2010","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/02\/03\/19386\/","title":{"rendered":"Retained earnings of Armenian credit organizations surge by 66.1% in 2010"},"content":{"rendered":"<p><strong>YEREVAN, February 3, \/ARKA\/. <\/strong>The retained earnings of Armenian credit organizations in 2010 surged by 66.1% to 4.3 billion Drams from 2.6 billion Drams in 2009, the Central Bank of Armenia (CBA) said in its review of crediting organizations\u2019 performance in the fourth quarter of the last year.<\/p>\n<p>According to the review, as of December 31, 2010 credit organizations had on their accounts a total of 9.6 billion Drams of accrued retained earnings. The volume of their interest incomes s last year rose to 12 billion Drams, while interest expenses made 3.9 billion Drams.<\/p>\n<p>At the same time the amount of their non-interest income made 4.1 billion Drams and non-interest expenses \u2013 5.8 billion Drams. As a result net interest incomes of crediting organizations grew 11.2% from 2009 to about 8.1 billion Drams, while net non-interest losses made minus 1.6 billion Drams, growing by 36% from 2009.<\/p>\n<p>The crediting organizations also transferred 5.6 billion Drams to their reserve fund and got back 4.6 billion Drams. As a result net transfers made 1.1 billion Drams, down from 2.8 billion Drams in 2009. There are 32 crediting organizations in Armenia operating 60 branches.($1 \u2013 364.75 Drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The retained earnings of Armenian credit organizations in 2010 surged by 66.1% to 4.3 billion Drams from 2.6 billion Drams in 2009.<\/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":[12202,9216],"tags":[15837,12390,12744,308],"class_list":{"0":"post-19386","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-loan-organizations","7":"category-news","8":"tag-armenia-2","9":"tag-credit-organizations","10":"tag-earnings","11":"tag-308"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/19386","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=19386"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/19386\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=19386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=19386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=19386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}