Arka releases ‘Banks of Armenia’ bulletin for q4, 2016

10.02.2017 17:26
Arka releases ‘Banks of Armenia’ bulletin for q4, 2016

YEREVAN, February 10. /ARKA/. ARKA news agency has released a new issue of its quarterly bulletin “Banks of Armenia” for the fourth quarter of 2016. The bulletin is based on banking organizations’ unified reports published in the press in the fourth quarter of 2016, as well as additional information provided by banks.

The bulletin consists of 70 pages of tabulated 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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