{"id":57676,"date":"2013-07-10T14:39:19","date_gmt":"2013-07-10T14:39:19","guid":{"rendered":"https:\/\/armbanks.am\/2013\/07\/10\/238869\/"},"modified":"2024-12-15T13:05:50","modified_gmt":"2024-12-15T13:05:50","slug":"no-armenian-bank-included-in-one-hundred-largest-cis-banks","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2013\/07\/10\/57676\/","title":{"rendered":"No Armenian bank included in one hundred largest CIS banks"},"content":{"rendered":"<p><strong>YEREVAN, July 10. \/ ARKA \/.<\/strong>\u00a0None of 21 Armenia-based banks was included in the list of one hundred largest banks in the CIS, prepared by RIA Ranking. To be placed in the list a bank should \u00a0have at least $2.57 billion worth assets. The threshold was up by 21% from 2011, when it was $2.12 billion).<\/p>\n<p>ACBA-CREDIT AGRICOLE BANK, \u00a0the largest Armenian bank by size of \u00a0 assets in 2012 had only $613 million worth assets which made 10.3% of total banking assets in \u00a0the reporting period, which stood at about $6 billion.<\/p>\n<p>According to RIA Ranking, Armenia&#8217;s banking sector is characterized by relatively low consolidation, the main reason why no Armenian bank appeared in the list. No banks from Kyrgyzstan, Moldova and Tajikistan were included in the rating either.<\/p>\n<p>The largest banks are in seven CIS countries: Azerbaijan, Belarus, Georgia, Kazakhstan, Russia, Ukraine and Uzbekistan. Georgian banks were included in the list despite the fact that Georgia withdrew from CIS in 2009, because of their close links with CIS banks. \u00a0By the way, 69 of 100 largest banks are in Russia.<\/p>\n<p>According to RIA Rating, the total assets of the banking systems in the CIS \u00a0increased in 2012 by 23.1% \u00a0to $1.96 trillion. At that the net assets of the one hundred largest banks grew to 1.52 trillion rubles. They accounted for around 81 percent of all assets in the CIS banks at the beginning of 2013.<\/p>\n<p>According to \u00a0RIA Ranking experts, the growth in CIS banks assets \u00a0will slow down to \u00a0about 10-15% in 2013 denominated in USD .<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/armbanks.am\/wp-content\/uploads\/2024\/12\/1234567-2.jpg\" alt=\"\" width=\"623\" height=\"266\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>None of 21 Armenia-based banks was included in the list of one hundred largest banks in the CIS, prepared by RIA Ranking.<\/p>\n","protected":false},"author":1,"featured_media":238870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12315,9214,9216,13105],"tags":[15837,12163,12278,13106,319],"class_list":{"0":"post-57676","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-announces","8":"category-banks-en-en","9":"category-news","10":"category-ratings","11":"tag-armenia-2","12":"tag-banks","13":"tag-cis","14":"tag-ranking","15":"tag-319"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/57676","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=57676"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/57676\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/238870"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=57676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=57676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=57676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}