In 2011 five largest Armenian banks owned 45.8% or 950.1 billion drams of the banking sector’s combined assets, which on December 31, 2011 stood at about 2.1 trillion drams, rising by 33.6% from a year earlier, according to interim reports of banks for the fourth quarter of 2011.
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Archive for February 6th, 2012
HSBC Bank Armenia paid in 2011 3 billion drams taxes, 2.5 times higher than in 2010
Monday, February 6th, 2012HSBC Bank Armenia paid in 2011 3 billion drams taxes, 2.5 times higher than in 2010.
HSBC Bank Armenia is best bank in 2011 by size of profit
Monday, February 6th, 2012Exclusive interview with Astrid Clifford, Chief Executive Officer of HSBC Bank Armenia.
HSBC Bank Armenia’s liabilities in 2011 grew by 24% to 149 billion drams
Monday, February 6th, 2012HSBC Bank Armenia’s liabilities in 2011 grew by 24% to 149 billion drams
Talk about collapse of euro zone irrelevant: Hristea
Monday, February 6th, 2012Speculation about the impending collapse of the euro zone economy is not grounded, head of EU delegation to Armenia, Trajan Hristea, said.
