YEREVAN, May 18, /ARKA/. Armenian banks’ return on assets (ROA) index, showing a company’s efficiency in making profits from its assets, dropped to 1.66% in the first quarter of 2012, down from 2.42% in the fourth quarter of 2011, according to findings of an analysis made by ARKA news agency.

The leading bank by size of ROA indicator was Inecobank, which posted a 4.1% ROA index that was up from 3.8% at the end of the fourth quarter last year.

It was followed by HSBC Bank Armenia with a 3.95% index, down from 4.1%, Araratbank was next with a 3.64% index, up from 3.1%, Artsakh Bank with 3.3% , up from 2.72% and BTA Bank with 3.03%, up from 2.96%.

Categories: Banks @en, General news, News, News of the hour | Comments Off on Armenian banks return on assets index drops to 1.66 percent

Tags: activity, Armenia, bank @en

Read more

Economic activity in Armenia jumped 6.6% in March of this year

Categories: Economy @en, General news, News, News of the hour | Comments Off on Economic activity in Armenia climbs 6.6 % this March from a year earlier

Tags: activity, Armenia, Economy @en, growth

Read more

Total assets of Armenia’s banking system drop by 0.5 % in the first quarter to 2 055,2 billion drams as of March 31, 2012.

Categories: Banks @en, General news, News, News of the hour | Comments Off on Armenia’s first-quarter banking total assets tumble by 0.5 % to 2 055,2 billion drams

Tags: activity, Armenia, Banks

Read more

Economic activity in Armenia climbed 6.3 % in February 2012

Categories: Economy @en, General news, News, News of the hour | Comments Off on Armenia’s economic activity rises 6.3 % in February from year earlier

Tags: activity, Armenia, Economy @en

Read more

In the Armenian economy in October 2011 growth of the indicator of economic activity by 2.6% was recorded compared to the same period of 2010.

Categories: Economy @en, General news, News, News of the hour | Comments Off on Statistics: Growth Of Economic Activity In October Was 2.6%

Tags: activity, Armenia, Economy @en

Read more

In the Armenian economy in September 2011 growth of economic activity by 9% was registered compared to the same period of 2010, Armenian National Statistic Service informed ARKA News Agency.

Categories: Economy @en, General news, News | Comments Off on Growth Of Economic Activity In September Was 9% In Armenia – Statistics

Tags: activity, Armenia, Economy @en, growth

Read more

Results of 8-month activity of mandatory car insurance institute in Armenia to be discussed in the national assembly on September 26.

Categories: General news, Insurance market, News, News of the hour | Comments Off on Results of 8-month activity of mandatory car insurance institute in Armenia to be discussed in the national assembly on September 26

Tags: activity, Armenia, insurance

Read more

Economic activity in Armenia increased by 2.3% in June.

Categories: Economy @en, General news, News | Comments Off on Economic activity in Armenia increased by 2.3% in June

Tags: activity, Armenia, economic

Read more

Armenia’s economic activity index went 32.6% down in the fourth quarter of 2009, compared with the third quarter, to 41.8%, but rose 2.7%, compared with the fourth quarter of the previous year.

Categories: Economy @en, General news, News | Comments Off on Armenia’s 3rd Q 2009 economic activity index 62%

Tags: activity, Armenia, economic, index

Read more