Arka news agency releases Banks of Armenia bulletin for q1, 2018

08.08.2018 15:47
Arka news agency releases Banks of Armenia bulletin for q1, 2018

YEREVAN, August 8. /ARKA/. ARKA news agency has released a new issue of its quarterly bulletin “Banks of Armenia” for the second 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.

The bulletin consists of 70 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 bulletin provides an overall view of the financial status of Armenia’s banks and 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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