{"id":19554,"date":"2011-02-08T13:38:45","date_gmt":"2011-02-08T13:38:45","guid":{"rendered":"https:\/\/armbanks.am\/2011\/02\/08\/232262\/"},"modified":"2024-12-15T12:49:52","modified_gmt":"2024-12-15T12:49:52","slug":"aggregate-assets-of-armenian-banking-system-grow-7-93-in-4th-q-2010","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/02\/08\/19554\/","title":{"rendered":"Aggregate assets of Armenian banking system grow 7.93% in 4th Q 2010"},"content":{"rendered":"<p><strong>YEREVAN, February 8. \/ARKA\/.<\/strong> The aggregate assets of Armenian banking system grew 7.93% or by AMD 115.2 billion in the fourth quarter of 2010, reaching AMD 1567.5 billion by late December (16.74% growth since the beginning of the year).<\/p>\n<p>ARKA News Agency\u2019s analysis based on Armenian banks\u2019 quarterly reports shows that ACBA-Credit Agricole Bank was the largest asset-owner among the country\u2019s banks in the 4<sup>th<\/sup> Q 2010. The bank\u2019s assets totaled AMD 168.2 billion in late December after shrinking 2.63% over the quarter. Its assets account for 10.73% of Armenian banks\u2019 aggregate assets.<\/p>\n<p>Ameriabank, with its assets exceeding AMD 153 billion, came second in ARKA News agency\u2019s ranking (9.76% of the banking system\u2019s total assets), and HSBC Bank Armenia, with AMD 144.9 billion (9.25%), ranked third.<\/p>\n<p>VTB Bank (Armenia), with 127.4 billion (8.13%), and Ardshininvestbank, with AMD 119.1 billion (7.6%) are among leaders as well.<\/p>\n<p>These five banks\u2019 assets make up 45.5% of Armenian banking system\u2019s assets.<\/p>\n<p>Five other banks were singled out for the fastest asset growth \u2013 Araratbank built up its assets 49.18% over the quarter to AMD 63 billion, Byblos Bank Armenia enlarged assets by 30.27% to AMD 28.8 billion, Areximbank \u2013 Gazprombank Group by 19.68% to AMD 67.4 billion, ProCredit Bank by 18.74% to AMD 24.8 billion and Mellat bank by 18.28% to AMD 33.2 billion.<\/p>\n<p>Some 21 commercial banks operate in Armenia now. ($1 = AMD 364.3). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aggregate assets of Armenian banking system grow 7.93% in 4th Q 2010.<\/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":[15837,15763,12504,466],"class_list":{"0":"post-19554","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-2","10":"tag-banking-system","11":"tag-466"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/19554","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=19554"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/19554\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=19554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=19554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=19554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}