All news related to BANKING SECTOR

BSTDB: capital adequacy ratio of Armenia’s banking sector as of June 2021 was 17%

18.10.2021 18:06

BSTDB:  capital adequacy ratio of Armenia’s  banking sector  as of June 2021 was 17%

YEREVAN, October 18. /ARKA/. The capital adequacy ratio of Armenia’s  banking sector  as of June 2021 was 17%, as much as in June 2020,  the Black Sea Trade and Development Bank (BSTDB) said in a report.

“Improvement in asset quality has been observed in most of the Black Sea region, which is especially important for countries where non-performing assets are historically high , such as Greece and Ukraine. Stable profitability and continued improvement in asset quality indicate the banking sector's ability to absorb shocks and maintain adequate capital and liquidity cushioning,” the report says.

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Net profit of Armenia’s banking sector amounts to AMD 40.6 billion in 1st H 2020

28.07.2020 12:14

Net profit of Armenia’s banking sector amounts to AMD 40.6 billion in 1st H 2020

The net profit of the banking sector of Armenia in the first half of 2020 amounted to 40.6 billion drams, after increasing by 5.9% compared to the corresponding period of the previous year, according to the data of Armenian banks’ reports, published in accordance with international IFRS standards

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Union of Banks of Armenia: Biggest risk in country’s banking sector is uncertainty amid COVID-19

27.05.2020 15:29

Union of Banks of Armenia: Biggest risk in country’s banking sector is uncertainty amid COVID-19

The biggest risk in the banking system of Armenia and beyond it today is the uncertainty due to the new coronavirus, Seyran Sargsyan, the executive director of the Union of Banks of Armenia (UBA) told reporters at an online press conference on Tuesday

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Armenia’s banking sector has no liquidity problem

20.03.2020 19:01

Armenia’s banking sector has no liquidity problem

Armenia’s banking sector has no liquidity problem, Central Bank Board member Arthur Stepanyan said at a press conference on Friday

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Raex-Europe: Armenia's banking sector remains well-capitalized, with a strong liquidity

16.01.2020 14:41

Raex-Europe: Armenia's banking sector remains well-capitalized, with a strong liquidity

The banking sector remains well-capitalized, with a strong liquidity, stable asset quality and subbed but positive profits, RAEX-Europe said

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Fitch Ratings: Armenian banking sector is well-capitalised, but profitibality is low

25.11.2019 11:51

Fitch Ratings: Armenian banking sector is well-capitalised, but profitibality is low

The banking sector is well-capitalised but profitability is low and loan growth remains high, at 15.4% yoy at September-end 2019, boosted by mortgage loan and consumer lending, Fitch said in a report

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Capability of Armenia's banking sector to absorb risks is quite high, central bank

06.11.2019 13:32

Capability of Armenia's banking sector to absorb risks is quite high, central bank

The capability of Armenia’s banking sector to absorb risks is quite high, Andranik Grigoryan Andranik Grigoryan, head of a Central Bank department overseeing the financial system’s stability and development, told reporters on Tuesday

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Ability of Armenia’s banking sector to absorb risks is quite strong, central bank official says

12.06.2019 18:41

Ability of Armenia’s banking sector to absorb risks is quite strong, central bank official says

The ability of Armenia’s banking sector to absorb risks is quite strong, as evidenced by the sector’s regulations, Andranik Grigoryan, the head of a Central Bank department in charge of stability and development of the financial system, told reporters on June 11

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IDBank head: we do not see significant risks for Armenia's banking sector in 2019

29.01.2019 17:34

IDBank head: we do not see  significant risks for Armenia's banking sector in 2019

In an exclusive interview with ARKA news agency, Mher Abrahamyan, the Chairman of IDBank Management Board, speaks about the risks Armenian banks are likely to face in 2019

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Black Sea Trade and Development Bank president praises Armenia’s banking sector

22.11.2018 18:05

Black Sea Trade and Development Bank president praises Armenia’s banking sector

In an exclusive interview with ARKA news agency, Dmitry Pankin, President of the Black Sea Trade and Development Bank (BSTDB), said Armenia’s banking sector is in good condition, and in many respects it should be credited to the Central Bank of the country

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