{"id":43369,"date":"2012-11-06T17:07:30","date_gmt":"2012-11-06T17:07:30","guid":{"rendered":"https:\/\/armbanks.am\/2012\/11\/06\/236761\/"},"modified":"2024-12-15T13:00:30","modified_gmt":"2024-12-15T13:00:30","slug":"armenia-based-banks-post-31-2-billion-drams-in-net-profits-for-three-quarters","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/11\/06\/43369\/","title":{"rendered":"Armenia-based banks post 31.2 billion drams in net profits for three quarters"},"content":{"rendered":"<p><strong>YEREVAN, November 6. \/ ARKA \/<\/strong>. Twenty-one Armenia-based commercial banks posted\u00a0 31.2 billion drams in net profits for the first three quarters of the year, which is up from\u00a0 24.5 billion drams in net profits reported a year earlier, the Central Bank of Armenia said in its report on the activities of Armenia-based banks.<\/p>\n<p>According to the Central Bank, the banks pre-tax income amounted to 39.8 billion drams, an increase from 31.4 billion drams a year before.<\/p>\n<p>At the same time, the banks\u2019 interest income amounted to 166.3 billion drams, as interest expenses amounted to 79.9 billion drams. Their non-interest income amounted to 39.4 billion drams while non-interest expenses rose to\u00a0 68.4 billion drams.<\/p>\n<p>According to the\u00a0 Central Bank, banks&#8217; net interest income for the first 9 months of this year amounted to more than 86.3 billion drams (a growth of 25.6% compared to the same period in 2011) and net non-interest income &#8211; minus 29 billion drams (against minus 22.8 billion drams in the same period of 2011).<\/p>\n<p>At the same time as a result of payments made by banks to reserve fund in the event of\u00a0 possible losses in the amount of 96.2 billion drams, and 78.67 billion drams refund , net contributions amounted to 17.5 billion drams (against 14.5 billion drams in January-September 2011).<br \/>\nThere are\u00a0 21 banks in Armenia which operate\u00a0 465 branches. ($ 1 &#8211; 407.30 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twenty-one Armenia-based commercial banks posted  31.2 billion drams in net profits for the first three quarters of the 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":[15837,12163,12299,319],"class_list":{"0":"post-43369","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\/43369","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=43369"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/43369\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=43369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=43369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=43369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}