YEREVAN, October 22./ARKA/. ARKA News Agency has released its press rating of Armenian banks for the third quarter of 2014, with the following banks topping the list: 1. Ameriabank, 2.Bank Anelik, 3. ACBA-CREDIT AGRICOLE BANK, 4. Ardshininvestbank and 5. Bank VTB (Armenia).

The press rating covers only 10 out of 21 Armenia-based commercial banks.

Overall total index (OTI) of banks rose to 1,999.7 in the period against 2,483.9 in Q2 2014 (19.5% decrease). At the same time, OTI rose by 2.7 times in the period compared to 746.31 in the third quarter of 2013.

In Q3 2014, the OTI of the top five banks reached 1,843.1 versus 1,561 in Q2 2014 and 446.4 in Q3 2013. These top five banks accounted for 92% of the overall information during the period (91% in Q2 2014 and 69% in Q3 2013).

Ameriabank has maintained its leadership in the press rating and accounted for 42.4% of all press reports in the quarter. Its OTI was 848.28 in the reporting quarter, a 30.3% increase against the quarter before and a 7.2-time increase compared to the third quarter of 2013.

Anelik Bank is the second and accounts for 18.5% of all reports. The bank’s OTI was 369.1 in the period compared to 74.5 in Q2 2014 and 87.1 in Q3 2013.

ACBA-CREDIT AGRICOLE BANK is the third with 11.5% in press reports and OTI at 230.6 against 397.6 and 105.1 respectively, followed by Ardshininvestbank (share at 10.6%, OTI at 212.7 vs. 20.5 and 38.5) and Bank VTB (Armenia) (9.1% and 182.3 against 417.7 and 97.8).
For its analysis ARKA used ‘Golos Armeniyi’, ‘Respublika Armeniyi’, ‘Orakarg’, ‘Novoye Vremya’, ‘Delovoy Express’, ‘Hayastani Hanrapetutiun’, ‘Azg’, ‘Aravot’, ‘Haykakan Zhamanak’, ‘Hayots Ashkharh’, ‘Iravunk’, ‘Yerkir’, ‘168 Zham’, ‘Sobesednik Armeniyi’, ‘Zhoghovurd’, ‘Zhamanak’ newspapers, as well as Internet portals of news agencies and online media, like Panarmenian, ARKA, Newsarmenia, Armbanks, Banks, Banker, Arminfo, Finport, Panorama, Lragir.

This press rating is based on the facts about banks’ performance reported by media. This means the higher actual awareness of bank’s performance is, the more efficient its communications policies are. No advertising information is considered in the press rating.
Please see the Press Rating of Banks #03 (19), Q3 2014 for more details. –0--