YEREVAN, February 26. /ARKA/.  ARKA News Agency has released its press rating of Armenian banks for the year 2014, with the following banks on the top: 1. Ameriabank, 2. Bank VTB (Armenia), 3. ACBA-CREDIT AGRICOLE BANK, 4. Araratbank, and 5. Anelik Bank.

The press rating covers 19 out of 21 Armenia-based commercial banks.

Overall total index (OTI) of banks rose to 7,262.31, an increase of 56% compared to 2013.

In 2014, the OTI of the top five banks reached 5,698.2 versus 3,529.9 in 2013. These top five banks accounted for 78% of the overall information during the period.

Ameriabank has maintained its leadership in the press rating for the last five years. In 2014 the bank accounted for 39.9% of all press reports during the year. Its OTI was 2,901 in 2014 compared to 1,617.2 in 2013.

Bank VTB (Armenia) is the second with its share in reports at 11.9%. The bank’s OTI was 866.7 in the period compared to 441.6 in 2013.

ACBA-CREDIT AGRICOLE BANK is the third with 10% in press reports and OTI at 728.4 in 2014 against 548.6 in 2013, followed by Araratbank (share at 8.7%, OTI at 630.5 vs. 517.7 the year before) and Anelik Bank (7.9% and 571.7 against 404.9 in 2013).

The year 2013 rating leaders were Ameriabank, ACBA-CREDIT AGRICOLE BANK, Araratbank, VTB Bank (Armenia) and Anelik Bank.

The quarter IV 2014 top five banks of ARKA’s rating were Ameriabank, Ardshinbank, Inecobank, VTB Bank (Armenia) and Armswissbank.

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 #04 (20), Q4 2014 for more details. –0--