Out of 35 credit organizations operating in Armenia, 27 were profitable in the first quarter of 2018 with total profit amounting to 13.5 billion drams, according to ARKA news agency’s ranking of the 10 most profitable credit organizations
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Archive for May 18th, 2018
Depositors are back to banks again
Friday, May 18th, 2018Ashot Osipyan, the chairman of Araratbank Board, said today that the depositors who hastened to withdraw their deposits from local banks during the recent political crisis are now coming back
Arka news agency releases Banks of Armenia bulletin for Q1, 2018
Friday, May 18th, 2018ARKA news agency has released a new issue of its quarterly bulletin “Banks of Armenia” for the first quarter of 2018. The issue is based on banking organizations’ reports published in the press in the first quarter of 2018, as well as on additional information provided by the banks
