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Armenia-based commercial banks’ investments in securities increased by 13% in 2018 to 603.4 billion drams

19.02.2019 18:27

Armenia-based commercial banks’ investments in securities increased by 13% in 2018 to 603.4 billion drams

YEREVAN, February 19. /ARKA/. Armenia-based commercial banks’ investments in securities increased by 13% in 2018 to 603.4 billion drams, according to ARKA news agency’s quarterly financial and economic bulletin “Banks of Armenia” for the 4th quarter of last year.

Investments in securities accounted for 12.16% of the banks’ total assets. It should be noted that about 82.8% of banks' investments in securities-500.1 billion drams- were investments in government bonds.

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Reserves at Armenia’s banks for possible losses on loans total AMD 147.7 billion in 2018

15.02.2019 16:50

Reserves at Armenia’s banks for possible losses on loans total AMD 147.7 billion in 2018

Reserves at Armenia’s banks for possible losses on loans totaled AMD 147.7 billion in 2018 – 6.12% or AMD 8.5 billion more than in 2017

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Banks of Armenia increase their transfers to government budget by 20% in 2018

14.02.2019 18:10

Banks of Armenia increase their transfers to government budget by 20% in 2018

All the banks operating in Armenia are among the country’s largest taxpayers– they transferred AMD 48.6 billion to the government budget in 2018

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Deposits in Armenian banks grew last year by 12.7% to about 3 trillion drams

11.02.2019 18:51

Deposits in Armenian banks grew last year by 12.7% to about 3 trillion drams

Bank deposits kept by Armenia-based commercial banks surged by 12.7% last year or 332.7 billion drams to 2 957.3 trillion drams

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Mortgage loans by Armenian banks in 2018 grew by 20% year-on-year

08.02.2019 17:14

Mortgage loans by Armenian banks in 2018 grew by 20% year-on-year

Mortgage loans provided by Armenian banks in 2018 exceeded the figures of the previous year by 20%

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Loans provided by banks of Armenia exceed AMD 3 trillion in late December 2018

06.02.2019 14:02

Loans provided by banks of Armenia exceed AMD 3 trillion in late December 2018

The loans provided by banks of Armenia totaled AMD 3 128.5 billion in late December 2018

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Individual money transfers to Armenia via banks in 2018 grew by 1.66% to $1.785.6 billion

04.02.2019 17:55

Individual money transfers to Armenia via banks in 2018 grew by 1.66% to $1.785.6 billion

Individual money transfers sent to Armenia via banks in 2018 grew by 1.66% or $29 million

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Top profit-gainers among Armenia’s banks in 2018

23.01.2019 18:47

Top profit-gainers among Armenia’s banks in 2018

ARKA News Agency has issued the ranking of banks of Armenia on their profits gained in 2018

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Armenian banks report record high profit

22.01.2019 19:13

Armenian banks report record high profit

Armenia-based banks closed 2018 with a double-digit growth of the main balance sheet indicators, according to their fourth quarter reports

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Banks in Armenia forgive 15,000 citizens’ fines and penalties on overdue loans - Pashinyan

27.12.2018 14:58

Banks in Armenia forgive 15,000 citizens’ fines and penalties on overdue loans - Pashinyan

As a result of the legislative changes implemented by the Armenian government in July 2018, banks have forgiven fines and penalties totaling AMD 7 billion (USD 14.4 million) to 14,963 borrowers

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