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Assets under management of Armenian pension funds will reach almost $1 billion dollars at the end of 2021

28.10.2021 12:09

Assets under management of Armenian pension funds will reach almost $1 billion dollars at the end of 2021

YEREVAN, October 28, /ARKA/. The development of domestic capital markets is a priority in the region. This reflects not only the reduction of vulnerability of capital flows but also the necessity to strengthen the resilience of financial markets in general, said the Chairman of the Central Bank of Armenia Martin Galstyan during a webinar based on the materials of the new IMF report titled Regional Economic Outlook: Middle East and Central Asia.

‘The three main components I would like to mention here are expanding the investor base - both local and foreign, expanding the pool of instruments available and the third is encouraging large companies to adopt high standards of corporate governance and eventually obtaining international ratings. Local investor base, especially institutional investors like pension funds play a center role in this respect by providing stable source of financing.

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Amundi-ACBA Asset Management’s assets exceed 212 billion drams

02.08.2021 13:30

Amundi-ACBA Asset Management’s assets exceed 212 billion drams

As of June 30, 2021, the assets of the pension funds managed by Amundi-ACBA Asset Management, exceeded 212 billion drams, the press service of ACBA Bank reported

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Some 251.8 billion drams or 523 million us dollars invested in fixed assets in Armenia in 9 months of 2019

20.02.2020 17:28

Some 251.8 billion drams or 523 million us dollars invested in fixed assets in Armenia in 9 months of 2019

In the first nine months of 2019, some 251.8 billion drams (the equivalent of $523 million) were invested in the fixed assets in Armenia, which in constant prices was 4.4% higher than the same indicator of 2018, according to the report on the main socio-economic indicators of the Eurasian Economic Union (EEU) for January-December 2019

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Armenia's bank assets built up 17% in 2019 - member of central bank's board

04.02.2020 16:44

Armenia's bank assets built up 17% in 2019 - member of central bank's board

Assets of Armenia’s banks has grown 17% in 2019 to AMD 5.28 trillion (USD 11.03 billion) from AMD 4.964 trillion (USD 10.3 billion) in 2018, Martin Galstyan, a member of the board of the Central Bank of Armenia, said Monday in an interview with Civilnet

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Armenian central bank's assets total AMD 1.8 trillion by late June 2019

24.09.2019 15:47

Armenian central bank's assets total AMD 1.8 trillion by late June 2019

The Central Bank of Armenia has provided figures of the financial situation for the first half of this year. The regulator says in its report that its assets totaled over AMD 1,799,599,671,000 as of June 30, 2019 against AMD 1,806,159,872,000 in late December 2018

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Ranking of Armenian banks by size of assets in 2017

23.01.2018 18:32

Ranking of Armenian banks by size of assets in 2017

The combined assets of 17 commercial banks operating in Armenia amounted to 4.362 trillion drams in 2017, having upped by 6.6 percent from the previous year, according to a ranking of Armenian banks by size of assets compiled by Arka news agency

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Unibank’s assets exceed AMD 200 billion

17.01.2018 13:51

Unibank’s assets exceed AMD 200 billion

Unibank in 2017 enjoyed a fast growth in all segments of its activity and built up its assets to more than AMD 200 billion, the bank’s press office reported on Wednesday

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Non-performing assets of Armenian banks grow to 6.73 percent

13.10.2017 18:55

Non-performing assets of Armenian banks grow to 6.73 percent

Non-performing and written-off assets of Armenian commercial banks grew to 6.73% in late August, according to the Central Bank. Some 6.36% were assets held by Armenian residents, it said

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Armenia’s funded pension system’s assets doubled last year to 63.3 billion drams, according to central bank

20.02.2017 18:23

Armenia’s funded pension system’s assets doubled last year to 63.3 billion drams, according to central bank

The assets of Armenia’s funded pension system, placed in two private pension funds, doubled last year from 2015 to 63.3 billion drams, according to the Central Bank of Armenia

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Ranking of Armenian banks by size of assets in 2016

24.01.2017 19:02

Ranking of Armenian banks by size of assets in 2016

The aggregate assets of 17 commercial banks operating now in Armenia grew by 16.5% in 2016 to 4.049.8 trillion drams. Similarly, the banks’ lending last year increased by 20.1% to 2.538.5 trillion drams

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