Total capital of Armenia’s Central Bank amounted to minus 7.3 billion drams in late December 2013

15.04.2014 17:41
Total capital of Armenia’s Central Bank amounted to minus 7.3 billion drams in late December 2013

YEREVAN, April 15. / ARKA /. As of December 31, 2013 the total capital of Armenia’s Central Bank amounted to minus 7.3 billion drams against minus 20.5 billion drams at the end of December 2012, according to the regulator’s balance sheet.

The regulator’s authorized capital did not change standing at 100 million drams. The main reserve stood at 17.4 billion drams, also unchanged compared with 2012.

The amount of accumulated reserves from revaluation of assets available for sale amounted to 1.2 billion drams against minus 1.2 billion drams at the end of December 2012.

The amount of accumulated losses amounted to about minus 154.8 billion drams versus minus 144.4 billion drams in 2012. The extra capital in 2013 increased by 19.2% compared with 2012 to 128.2 billion drams.  ($ 1 - 415.17 drams). -0-


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