Armenian banks’ retained earnings slip 18.2% to over AMD 11.2 bln in Jan-May

04.07.2012 11:50
Armenian banks’ retained earnings slip 18.2% to over AMD 11.2 bln in Jan-May

YEREVAN, July 4. /ARKA/. Retained earnings of banks in Armenia tumbled by 18.2% to over 11.2 billion drams in January-May of this year from the analogical period a year earlier, according to the data available on the Central Bank’s official website.

Banking system’s total assets jumped 1.3% to nearly 2.2 trillion drams in May from April. Total liabilities of the banks climbed by 1.4% to about 1.8 trillion drams in May compared to a month earlier.

At the same time, total balance capital rose by over 1.2% to around 366 billion drams in Armenia.
As of May 31 of 2012 there are 21 commercial banks in Armenia. ($1 – 418.44 drams). —0--


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Tags: , , Новости Армении АМИ Новости-Армения

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