{"id":22110,"date":"2011-04-18T16:29:12","date_gmt":"2011-04-18T16:29:12","guid":{"rendered":"https:\/\/armbanks.am\/2011\/04\/18\/232796\/"},"modified":"2024-12-15T12:50:58","modified_gmt":"2024-12-15T12:50:58","slug":"armenian-banks-undistributed-profits-grow-61-4","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/04\/18\/22110\/","title":{"rendered":"Armenian Banks\u2019 Undistributed Profits Grow 61.4%"},"content":{"rendered":"<p>YEREVAN, April 18. \/ARKA\/. Armenian banks\u2019 undistributed profits totaled AMD 10.6 billion at the first quarter of this year against AMD 6.6 billion gained for the same period a year earlier \u2013 61.4% year-on-year growth.<\/p>\n<p>This information is available in the latest issue of ARKA News Agency\u2019s quarterly bulletin on Armenian banks\u2019 activities.<\/p>\n<p>Aggregate profits of 18 of 21 banks operating in Armenia amounted to AMD 10.5 billion in Jan-March 2011 against AMD 6.1 billion gained by 19 banks over the 1<sup>st<\/sup> Q 2010.<\/p>\n<p>Three banks sustained losses in the first quarter of this year. Their losses totaled AMD 147.9 million.<\/p>\n<p>According to ARKA News Agency\u2019s data, HSBC Bank Armenia, VTB Bank (Armenia) and Mellat Bank were the largest profit-gainers in the 1<sup>st<\/sup> Q 2011.<\/p>\n<table border=\"1\" cellspacing=\"1\" cellpadding=\"0\" width=\"515\">\n<tbody>\n<tr>\n<td width=\"11%\"><strong>Rank<\/strong><\/td>\n<td width=\"44%\"><strong>Bank<\/strong><\/td>\n<td width=\"21%\"><strong>03.31.2011<\/strong><\/p>\n<p><strong>thousand<\/strong><\/td>\n<td width=\"24%\"><strong>in % against 03.31.2010<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"11%\" valign=\"bottom\">1<\/td>\n<td width=\"44%\" valign=\"bottom\">HSBC Bank Armenia<\/td>\n<td width=\"21%\" valign=\"bottom\">1 616 636<\/td>\n<td width=\"24%\" valign=\"bottom\">73.00<\/td>\n<\/tr>\n<tr>\n<td width=\"11%\" valign=\"bottom\">2<\/td>\n<td width=\"44%\" valign=\"bottom\">VTB Bank (Armenia)<\/td>\n<td width=\"21%\" valign=\"bottom\">1 313 763<\/td>\n<td width=\"24%\" valign=\"bottom\">96.19<\/td>\n<\/tr>\n<tr>\n<td width=\"11%\" valign=\"bottom\">3<\/td>\n<td width=\"44%\" valign=\"bottom\">Mellat Bank<\/td>\n<td width=\"21%\" valign=\"bottom\">1 265 472<\/td>\n<td width=\"24%\" valign=\"bottom\">1192.3<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Some 21 banks function in Armenia. ($1 = AMD 377).-0\u2014<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian banks\u2019 undistributed profits totaled AMD 10.6 billion at the first quarter of this 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":[15837,12163,12299,309],"class_list":{"0":"post-22110","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-banks","10":"tag-profit","11":"tag-309"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/22110","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=22110"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/22110\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=22110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=22110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=22110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}