YEREVAN, April 15. / ARKA /. Total assets of Armenia’s Central Bank in the fourth quarter of 2013 increased by 263 billion drams or 22.7% from the beginning of the year to 1.422.8 trillion drams, according to the regulator’s balance sheet.  However, compared with the previous quarter, the total assets in the fourth quarter dropped by 2.4%.

At the end of last year the assets in foreign currency accounted for 68.3 % of total assets, up from 67.5% in late 2012. The total assets late last year  were equivalent to more than 972.5 billion drams, having increased by 189.3 billion drams or 24.2% from the beginning of the year.

Assets in foreign currency placed in banks and other financial institutions in the reporting period amounted to about 298 billion drams, having increased by 19.8%, while foreign currency assets placed with IMF dropped to 58.2 billion drams from 69.9 billion drams at the end of 2012.

The amount of foreign currency, set for sale fell to about 1.6 billion drams from  1.7 million drams set for sale at the end of 2012, while foreign currency assets kept until maturity slashed by 36.1 percent to about 118.3 billion drams.

The amount of foreign currency invested in financial instruments, as well as gains and losses from revaluations amounted to 490.7 billion drams from 273.5 billion drams at the end of 2012.

The amount of cash flow from operations in foreign currencies grew by 6.2 percent from the beginning of the year to about 5.6 billion drams. Other assets of the Central Bank in foreign currency exceeded 124.9 million drams, up from 20.6 million drams from the year earlier.

Assets in the national currency at the end of the fourth quarter amounted to about 450.2 billion drams, an increase of 19.6 percent if compared with the beginning of the year.

Central Bank’s investments in dram assets available for sale grew by 3.04 percent to 113.6 billion drams.

The amount of fixed assets in drams upped by 20.6 percent to 77.6 billion drams while intangible assets  surged by 80.2 percent to 1.761.2 trillion drams.

Other assets of the Central Bank in drams rose by almost threefold to 9.2 billion drams. ($ 1 - 415.17 drams). ($1 – 415.17 drams). -0-