{"id":250677,"date":"2022-12-14T07:57:21","date_gmt":"2022-12-14T07:57:21","guid":{"rendered":"https:\/\/armbanks.am\/2022\/12\/14\/250677\/"},"modified":"2022-12-14T07:57:21","modified_gmt":"2022-12-14T07:57:21","slug":"indicators-of-armenian-banking-system-will-remain-quite-positive-by-the-end-of-the-year-central-bank","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2022\/12\/14\/250677\/","title":{"rendered":"Indicators of Armenian banking system will remain quite positive by the end of the year &#8211; Central Bank"},"content":{"rendered":"\n<p><strong>YEREVAN, December 14 \/ARKA\/. <\/strong>The Central Bank of Armenia expects the indicators of Armenia&#8217;s banking sector\u00a0to remain quite positive by the end of the year, said\u00a0CB chairman\u00a0Martin Galstyan\u00a0at a press conference on Tuesday.<\/p>\n\n\n\n<p>At the same time, he refrained from forecasts&nbsp;regarding&nbsp;the&nbsp;banks&#8217;&nbsp;performance in 2023 citing the&nbsp;ongoing&nbsp;uncertainties.<\/p>\n\n\n\n<p>In this regard, Galstyan explained that the members of the Central Bank&nbsp;Board&nbsp;l have recently been holding discussions on a scenario variant, rather than concentrating around one particular scenario.<\/p>\n\n\n\n<p>&#8220;The palette of possible developments is so great that predicting what will happen next year is a thankless task,&#8221; he said, adding that it depends on changes in many factors, including geopolitical ones.<\/p>\n\n\n\n<p>All seventeen Armenia-based commercial banks earned 187.8 billion drams in profits in the first 9 months of 2022, by 121.5 billion drams (or 183.3%) more from the same time span of 2021, according to the Union of Banks of Armenia (UBA).<\/p>\n\n\n\n<p>As of late September 2022, the total capital of all 17 banks stood at 1.2 trillion drams (30% growth year-on-year), the assets \u2013 at 7.7 trillion drams (9.4% growth), total liabilities \u2013 at 6.5 trillion drams (6.2% growth), the lending \u2013 at 4.1 trillion drams (2.4% growth) and the deposits \u2013 at 4.5 trillion drams (11.4% growth).&nbsp;-0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Armenia expects the indicators of Armenia&#8217;s banking sector\u00a0to remain quite positive by the end of the year, said\u00a0CB chairman\u00a0Martin Galstyan\u00a0at a press conference on Tuesday<\/p>\n","protected":false},"author":1,"featured_media":157879,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15381,462],"class_list":{"0":"post-250677","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-15381","10":"tag-462"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250677","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=250677"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157879"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=250677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=250677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=250677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}