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Armenian banking sector enters 2017 in better shape –Fitch Ratings

20.04.2017 18:08

Armenian banking sector enters 2017 in better shape –Fitch Ratings

The Armenian banking sector has entered 2017 in better shape as the recapitalization required to meet the increased minimum capital standard from 2017 has been completed

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Members of NASDAQ OMX Armenia stock exchange prefer over the counter transactions

19.09.2016 21:41

Members of NASDAQ OMX Armenia stock exchange prefer over the counter transactions

Members of NASDAQ OMX Armenia have been ignoring the stock exchange for carrying out foreign exchange transactions, preferring over the counter (OTC) deals, Konstantin Saroyan, the director of the exchange, said in an interview with ARKA news agency

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Armenia’s state external debt grows by 14.1 percent in 2015

29.02.2016 18:54

Armenia’s state external debt grows by 14.1 percent in 2015

Armenia’s state external debt increased by 14.1% in 2015 to $4.317.3 billion, the National Statistical Service (NSS) said

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Five most important events in Armenian banking sector according to ARKA news agency

23.12.2015 18:43

Five most important events in Armenian banking sector according to ARKA news agency

Armenia’s banking sector in the outgoing year has faced a string of serious challenges – slower economic growth, weak economic activity and the worsening solvency of the population have affected the main indicators of banks

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Capital adequacy ratio of Armenia’s banks drops to 14.5%, still above the minimum requirement

02.04.2015 16:29

Capital adequacy ratio of Armenia’s banks drops to 14.5%, still above the minimum requirement

The capital adequacy ratio (the percentage of capital to risk-weighted assets) of Armenia’s banks was 14.5% in 2014, as compared to 16.7% the year before

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Stiff competition among banks in Armenia downs their profitability

26.03.2015 18:21

Stiff competition among banks in Armenia downs their profitability

Reduction of interest spread under a stiff competition among Armenia’s banks downed their profitability

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Devaluation of Armenian dram to increase credit burden and dollarization in population's deposits

09.12.2014 18:15

Devaluation of Armenian dram to increase credit burden and dollarization in population's deposits

Devaluation of the Armenian national currency took recently will increase credit burden and dollarization in the population’s deposits in banks

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Dollar reaches its eight-year record high against armenian national curency and trades at 435 drams

25.11.2014 17:55

Dollar reaches its eight-year record high against armenian national curency and trades at 435 drams

The Armenian dram plunged yesterday to its record low in the last eight years – the national currency fell 16.6 percentage points against the U.S. dollar, which was traded at 435 drams, on average

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Armenia’s insurance companies posted 2,350.4 mln drams in net profit in nine months

06.11.2014 15:08

Armenia’s insurance companies posted 2,350.4 mln drams in net profit in nine months

Armenia’s insurance companies posted 2,350.4 million drams in net profit as of the end of the third quarter 2014, as compared to 338 million in loss in the same period of the year before, according to ARKA’s “Insurance companies of Armenia” quarterly bulletin for Q3 2014

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Armenian banks’ loan loss reserves see 37% increase in first half

14.10.2014 16:02

Armenian banks’ loan loss reserves see 37% increase in first half

Loan loss reserves of Armenia’s commercial banks rose by 37% to 50.9 billion drams in the first half of this year, as compared to H1 2013

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Categories: Announces, Announces, Announces, Announces, Announces, Banks, Banks, Banks, Banks, Banks, Banks, General news, General news, General news, General news, General news, General news, General news, General news, General news, News, News, News, News, News, News, News, News, News, News, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour | Comments Off on Armenian banks’ loan loss reserves see 37% increase in first half

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