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Armenian banking system’s total capital increased 2.1% in 1st Q 2020 to 862 billion drams

26.05.2020 15:13

Armenian banking system’s total capital increased 2.1% in 1st Q 2020 to 862 billion drams

YEREVAN, May 26. /ARKA/. The total capital of the banking system of Armenia for the first quarter of 2020 increased 2.1% to 862 billion drams, Seyran Sargsyan, executive director of the Union of Banks of Armenia, told reporters at an online press conference on Tuesday.

In his words, the end of the first quarter of 2020 coincided with the period of the measures being taken to prevent the spread of coronavirus, which affected the banking system, development trends and the entire economy.

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Pashinyan, Haroutunyan point out necessity of bolstering Artsakh’s banking system

22.05.2020 17:45

Pashinyan, Haroutunyan point out necessity of bolstering Artsakh’s banking system

Armenian Prime Minister Nikol Pashinyan and President of Artsakh Arayik Haroutunyan met today in Stepanakert with representatives of Armenia’s and Artsakh’s banking systems, the press office of the Armenian government reports

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Armenian banking system is one of the most stable in the region

15.05.2020 18:18

Armenian banking system is one of the most stable in the region

Armenia’s banking system is one of the most stable in the region thanks to stringent regulatory standards, Mher Abrahamyan, Chairman of the Union of Banks of Armenia (SBA) said on may 14

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Armenian regulator urges everybody not to disseminate disinformation and says banking system is stable

03.05.2018 11:13

Armenian regulator urges everybody not to disseminate disinformation and says banking system is stable

The Central Bank of Armenia, reacting to some people’s concern over the country’s banking system, issued a statement on Wednesday urging people not to spread disinformation about the state of the banking system

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Armenian banking system able to absorb possible risks

27.05.2016 18:38

Armenian banking system able to absorb possible risks

The outcome of stress tests carried out by the Central Bank of Armenia indicates that the national banking system is able to absorb potential risks

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Banking system sufficiently capitalized to withstand more severe scenarios of possible currency upheavals - Central Bank chairman

09.12.2014 22:27

Banking system sufficiently capitalized to withstand more severe scenarios of possible currency upheavals - Central Bank chairman

Armenia’s banking system is sufficiently capitalized and able to withstand more severe scenarios of possible currency upheavals, Central Bank chairman Artur Javadyan said on Tuesday

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Private transfers to Armenia rose to about $164.2mln in June

08.08.2014 16:01

Private transfers to Armenia rose to about $164.2mln in June

Private transfers to Armenia through the country’s banking system amounted to about $164.2 million in June, an increase of 2% compared to the same period of 2013, the Central Bank of Armenia says on its website

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Armenia has one of the most stable banking systems in region: board member says

30.09.2013 19:19

Armenia has one of the most stable banking systems in region: board member says

A Central Bank of Armenia Board member Armenak Darbinyan praised today the country’s banking system describing it as ‘one of the most stable financial systems in the region’, adding also that this should be advertised vigorously among citizens

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Aggregate assets of Armenian Banks upped by 10.26% to AMD 2 641,1 bln in 2Q

26.07.2013 18:02

Aggregate assets of Armenian Banks upped by 10.26% to AMD 2 641,1 bln in 2Q

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

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Liabilities of the banking system of Armenia in 2011 increased by 38.8% to 1 699 billion drams

27.01.2012 19:05

Liabilities of the banking system of Armenia in 2011 increased by 38.8% to 1 699 billion drams

Liabilities of the banking system of Armenia in 2011 increased by 38.8% to 1 699 billion drams.

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