YEREVAN, February 26. /ARKA/. Armenian Development Bank has tripled its assets over three years to more than 70 billion drams, Karen Sargsyan, chairman of the bank’s board, said Wednesday at a news conference while summarizing the bank’s activity for 2013.

“The bank’s assets totaled about 24.7 billion drams three years ago, and it means they have grown approximately three times,” he said.

The bank’s liabilities exceeded 60 billion drams by the end of 2013. Its assets grew 37.4% over the year and liabilities 42.8%.

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Tags: ADB, ASSETS, growth

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The share of non-performing written-off assets of Armenian residents at Armenia’s banks was 3.94% in December 2013 – 1.36% less than in November, the Central Bank of Armenia says in its monthly bulletin

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Tags: ASSETS, COMMERCIAL BANKS, non-performing

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The share of non-performing and written-off assets of Armenian commercial banks was 4.48% in October 2013, a reduction of 0.26 percentage point from the month before, says the monthly Central Bank of Armenia handbook for October

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Tags: Armenia, ASSETS, COMMERCIAL BANKS

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Total assets of seven Armenia-based insurance companies amounted to more than 46.2 billion drams as of September 30, 2013, having increased by 23.3 percent from the beginning of the year

Categories: General news, Insurance market, News, News of the hour | Comments Off on Total assets of Armenian insurance companies grew by 23 percent in nine months to 46.2 billion drams

Tags: ASSETS, companies, insurance

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The share of non-performing and written off assets of Armenian commercial banks dropped to 4.74% in September 2013

Categories: Banks @en, General news, News, News of the hour | Comments Off on Share of non-performing assets of Armenian Commercial Banks 4.74% in September

Tags: Armenia, ASSETS, bank @en

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The assets of Armenian insurance companies in the first half of the year increased by 31 % year-on-year to 50.2 billion drams

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Tags: Armenia, ASSETS, insurance

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Lebanese CreditBank AAL consolidated 100% of the shares of Bank Anelik closed joint stock company

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Tags: Anelik Bank, ASSETS, CreditBank AAL

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Net internal assets of the Central Bank of Armenia grew 9.9% in July, compared with June, to AMD 317.9 billion

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Tags: AMD, Armenia, ASSETS

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Total assets of Armenia’s credits organizations climbed by 5.2% or 9.6 billion drams to nearly 195.1 billion drams by the end of June 2013

Categories: General news, Loan organizations, News | Comments Off on Total assets of Armenia’s Credit Organizations hiked to 195.1bln drams in Q2

Tags: ASSETS, growth, KO

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Total assets of Armenia’s banking system rose by 10.26% in June 2013 from earlier this year to 2 641,1 billion drams, according to ARKA analyses

Categories: Banks @en, News, News of the hour | Comments Off on Aggregate assets of Armenian Banks upped by 10.26% to AMD 2 641,1 bln in 2Q

Tags: Armenia, ASSETS, BANKING SYSTEM

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