{"id":41833,"date":"2012-10-01T11:13:08","date_gmt":"2012-10-01T11:13:08","guid":{"rendered":"https:\/\/armbanks.am\/2012\/10\/01\/236463\/"},"modified":"2024-12-15T12:59:42","modified_gmt":"2024-12-15T12:59:42","slug":"araratbank-profit-in-first-half-was-about-1-9-billion-drams","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/10\/01\/41833\/","title":{"rendered":"Araratbank profit in first half was about 1.9 billion. drams"},"content":{"rendered":"<p><strong>YEREVAN, October 1. \/ ARKA \/.<\/strong> Araratbank\u2019s net profit in the first half of the year amounted to 1.859 billion drams, its deputy executive director, David Harutynian, told a news conference today.<br \/>\n&#8220;We closed last year with about 2.2 billion drams net profit. This year we expect this indicator to be higher,&#8221; he said, adding that the bank saw growth in all major indicators in the first six months.<br \/>\nAccording to Harutyunyan, the bank\u2019s capital in the first half increased by 14.5% to 14 billion drams. He explained increase by accumulated profits.<\/p>\n<p>&#8220;Within six months, the bank&#8217;s assets grew by 25% to around 109.4 billion drams. Its outstanding loan portfolio amounted to 48.5 billion drams having grown by 26.3%. We have also seen a rise in individual savings deposits by about 11% \u00abhe said.<\/p>\n<p>Mr. Harutyunian also said\u00a0 that in terms of return on equity (ROE), which was 28.3% in the first six months, Araratbank was the first among all other banks.<\/p>\n<p>Some\u00a0 74.18% in the bank is owned by Barsegh Beglarian, the owner of Flash oil trader, 25% are held by EBRD ($ 1 &#8211; 406, 25 drams.)\u00a0 -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Araratbank\u2019s net profit in the first half of the year amounted to 1.859 billion drams, its deputy executive director, David Harutynian, told a news conference today<\/p>\n","protected":false},"author":1,"featured_media":149774,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[12162,12299],"class_list":{"0":"post-41833","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-araratbank","10":"tag-profit"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/41833","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=41833"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/41833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/149774"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=41833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=41833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=41833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}