Arka Agency releases fresh issue of its Banks of Armenia

07.08.2014 16:00
Arka Agency releases fresh issue of its Banks of Armenia

YEREVAN, August 7. /ARKA/.  ARKA News Agency released the Q2 issue of its quarterly bulletin “Banks of Armenia”.

The issue is based on banking organizations’ unified reports published in the press in the second quarter as well as additional information provided by banks.

The bulletin consists of 60 pages of tabular information under the following main categories: 1. Description, 2. Assets, 3. Liabilities, 4. Capital, 5. Profits/Losses, 6. Cash Flows, 7. Liquidity and Capitalization, 8. Target risk levels and 9. Profitability.

The information gives an overall view of the financial status of Armenia’s banks and provides a tool for comparative analysis.

ARKA News Agency was founded on May 1, 1996, and specializes in financial, economic and political coverage. It started issuing its “Activity Indicators of Banks of Armenia” (‘Banks of Armenia’ today) in 1999. The agency released the first issue of its “Credit Organizations of Armenia” in March 2005 and that of Insurance Companies of Armenia in July 2008. –0—


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