{"id":43394,"date":"2012-11-07T09:55:27","date_gmt":"2012-11-07T09:55:27","guid":{"rendered":"https:\/\/armbanks.am\/2012\/11\/07\/236765\/"},"modified":"2024-12-15T13:00:31","modified_gmt":"2024-12-15T13:00:31","slug":"aggregate-assets-of-armenian-banks-grow-4-3-to-2-3bln-drams-in-q3","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/11\/07\/43394\/","title":{"rendered":"Aggregate assets of Armenian banks grow 4.3% to 2.3bln drams in Q3"},"content":{"rendered":"<p><strong>YEREVAN, November 7. \/ARKA\/<\/strong>. Aggregate assets of Armenian banks grew by 4.3% up to 2.3bln drams in the third quarter against Q2, the Central Bank of Armenia (CBA) says in its quarterly review.<\/p>\n<p>Total cash at bank grew by 12% up to about 92.5bln drams in the reporting period as compared with the quarter before.<\/p>\n<p>Claims to banks and other financial organizations dropped by 0.4% in Q3 and were approximately 120bln drams by the end of September.<\/p>\n<p>Banks\u2019 claims to the Central Bank (including correspondent accounts) grew by 4% up to 215bln drams. Correspondent accounts in banks have also grown by 45.3% up to 101.3bln drams over the period.<\/p>\n<p>Reserves for possible loss on assets were minus 37bln drams in Q3 against minus 34bln drams in Q2 of 2012.<\/p>\n<p>According to CBA\u2019s review, banks also enlarged lending for legal entities and individuals in Q3.<br \/>\nIn particular, loans to legal entities grew by 2.4% to 881.3bln drams, and loans to individuals grew 1.5% to 509.8bln drams.<\/p>\n<p>The loans extended to banks\u2019 personnel and people related to banks dropped 2.2% to about 76.2bln drams by the end of September 2012.<\/p>\n<p>According to the review, the banks\u2019 total investments in government securities grew 6.2% to 155bln drams by the end of September. Investments in other securities grew 14.7% to 5.1bln drams.<\/p>\n<p>Some 21 commercial banks with 465 branch offices operated in Armenia at the end of September 2012. ($1=407.30drams).\u00a0 \u20130&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aggregate assets of Armenian banks grew by 4.3% up to 2.3bln drams in the third quarter against Q2, the Central Bank of Armenia (CBA) says in its quarterly review<\/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":[15763,12163,15419,466],"class_list":{"0":"post-43394","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-assets-2","10":"tag-growth-2","11":"tag-466"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/43394","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=43394"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/43394\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=43394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=43394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=43394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}