{"id":24001,"date":"2011-06-06T12:03:06","date_gmt":"2011-06-06T12:03:06","guid":{"rendered":"https:\/\/armbanks.am\/2011\/06\/06\/233166\/"},"modified":"2024-12-15T12:51:43","modified_gmt":"2024-12-15T12:51:43","slug":"armenian-commercial-banks-net-profits-expected-to-grow-by-38-billion-drams-in-2011-2013-central-bank-report","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/06\/06\/24001\/","title":{"rendered":"Armenian commercial banks net profits expected to grow by 38 billion drams in 2011-2013: Central Bank report"},"content":{"rendered":"<p><strong>YEREVAN, June 6. \/ ARKA \/.<\/strong> Armenian commercial banks expect their net profits to grow by 38 billion drams in 2011-2013 to 68 billion drams. According to a Central Bank of Armenia report on possible developments in the baking system in 2011-2013, the gross profits of the banks are expected to grow by 151 billion drams or 73% to 359 billion drams in 2013.<\/p>\n<p>The banks also expect their gross expenditures to grow by 88 billion drams or 68% from 2010 to 217 billion drams in 2013.<\/p>\n<p>\u2018Along with the increase of the share of interest yield of banks in their gross profits by 2 p.p. to 68% the share of their non-interest expenses will drop by 2 p.p. to 53% in 2013, \u2018 the report says.<\/p>\n<p>As a result net interest yield of commercial banks in 2011-2013 are expected to grow by 64 billion drams or 82% to 141 billion drams in 2013, while net non-interest yields will drop by 16 billion drams or 54% to 45 billion drams in 2013. The net interest margin will be between 5.5% &#8211; 5.8%,. up from 5.3% in 2010. -0-<\/p>\n<p><strong> <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian commercial banks expect their net profits to grow by 38 billion drams in 2011-2013 to 68 billion drams.<\/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":[15837,12163,12299,319],"class_list":{"0":"post-24001","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-319"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/24001","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=24001"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/24001\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=24001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=24001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=24001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}