Armenian banks’ net inflow AMD 97.2 billion in 2nd Q 2013

28.08.2013 18:13
Armenian banks’ net inflow AMD 97.2 billion in 2nd Q 2013

YEREVAN, August 28. /ARKA/. Net inflow of cash into Armenian banks amounted to about AMD 97.2 billion in the second quarter of this year.

ARKA News Agency’s analysis based on banks’ financial reports shows that the aggregate balance of these banks reached AMD 516.3 billion by late June against AMD 419.1 billion in early April.
Operational activities brought AMD 85.1 billion to the banks in the 2nd Q 2013.

Investment activities contracted their aggregate balance by more than AMD 1.8 billion, while financial activities filled it with AMD 16 billion.

Fluctuations in foreign exchange rates had an adverse impact which amounted to AMD 2.1 billion.
According to ARKA News Agency’s analysis, ten banks had their money shrunk by AMD 48.5 billion, while 11 banks enjoyed net inflow amounting to AMD 145.8 billion.

Twenty one banks with their 478 branches functioned in Armenia in late June. ($1 – AMD 405.94). ---0---


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