{"id":34132,"date":"2012-02-29T10:59:38","date_gmt":"2012-02-29T10:59:38","guid":{"rendered":"https:\/\/armbanks.am\/2012\/02\/29\/234960\/"},"modified":"2024-12-15T12:55:43","modified_gmt":"2024-12-15T12:55:43","slug":"cbs-decision-to-lower-capital-adequacy-standard-prompted-by-increasing-lending","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/02\/29\/34132\/","title":{"rendered":"CB\u2019s decision to lower capital adequacy standard prompted by increasing lending"},"content":{"rendered":"<p><strong>YEREVAN, February 29.\u00a0\/ARKA\/. <\/strong>The Central Bank\u2019s decision to lower the capital adequacy standard of Armenian banks was prompted by the latter\u2019s increasing lending, Vigen Barseghyan, deputy director general of Areximbank &#8211; Gazprombank Group, told ARKA. He said in 2011 alone the banks\u2019 outstanding loan portfolio surged by more than 30%, adding also that corporate loans of Areximbank jumped by 60%.<\/p>\n<p>The Central Bank of Armenia lowered the threshold standard of capital adequacy to 12% from 19% in 2011 October. In 2010 January it was set at 29.1%. Barseghian said that at the moment the actual standard of capital adequacy is close to being \u2018acceptable\u2019 which means that banks do not take risks above normal.<\/p>\n<p>Areximbank-Gazprombank Group (formerly Areximbank) was established in 1998 to handle financial flows between Armenia and Russia. It is a principled member of VISA International and MasterCard International payment systems. In 2007 it joined Armenian ArCa payment system. The bank is owned fully by Russian Gazprombank and has 6 branches in Yerevan and 9 in regions. According to its press release, on October 1 its credit portfolio was 42.5 billion Drams. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CB\u2019s decision to lower capital adequacy standard prompted by increasing lending<\/p>\n","protected":false},"author":1,"featured_media":145103,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[12231,12163,13030,309],"class_list":{"0":"post-34132","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-areximbank","10":"tag-banks","11":"tag-barseghyan","12":"tag-309"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/34132","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=34132"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/34132\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/145103"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=34132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=34132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=34132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}