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Non-performing loans in Armenian banks make 4.67 percent

10.08.2020 20:14

Non-performing loans in Armenian banks make 4.67 percent

YEREVAN, August 10. /ARKA/. In June,  non-performing loans of Armenian commercial banks stood at 4.67% of the total, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Monday.

"Last year, in the same month, they also stood at around  4-5%. The highest indicator this year was recorded in March - 5.08%, however it gradually decreased by June," he said.

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Thirteen Armenian banks are in the list of 100 largest corporate taxpayers

10.08.2020 20:12

Thirteen Armenian banks are in the list of 100 largest corporate taxpayers

Thirteen Armenia-based commercial banks were in the list of 100 largest corporate taxpayers in the first half of 2020, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Monday

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Armenian banks' total capital grows by 5.6% in first half of 2020

10.08.2020 18:34

Armenian banks' total capital grows by 5.6% in first half of 2020

The total capital of 17 commercial banks operating in Armenia grew by 5.6% in the first half of 2020 or 47 billion drams to 891 billion drams, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Monday

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Union of Banks of Armenia: stability is important for Armenian banks to remain capitalized and liquid

06.08.2020 21:11

Union of Banks of Armenia: stability is important for Armenian banks to remain capitalized and liquid

Maintaining Armenian banking sector’s stability is very important amid ongoing coronavirus crisis, said Seyran Sargsyan, the executive director of the Union of Banks of Armenia (UBA), which has become 25 years old

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Arka news agency releases ranking of Armenian banks' profitability in first half of 2020

29.07.2020 20:41

Arka news agency releases ranking of Armenian banks' profitability in first half of 2020

ARKA news agency has released the latest ranking of the commercial banks in Armenia by size of their net profit, based on their performance in the first half of 2020

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Top 10 banks of Armenia by loan portfolio for 1st H 2020

28.07.2020 18:52

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

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Over AMD 26.741 billion sent to government budget by Armenia’s banks in 1st H 2020

20.07.2020 19:39

Over AMD 26.741 billion sent to government budget by Armenia’s banks in 1st H 2020

All the 17 banks of Armenia are among the 1000 biggest taxpayers of the country. They have transferred more than 26, 741 billion drams to the government budget over a period between January and June 2020, according to the State Revenue Committee

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Armenian banks provided 73 billion drams as loans as part of anti-coronavirus programs

01.07.2020 12:43

Armenian banks provided 73 billion drams as loans as part of anti-coronavirus programs

As part of the government programs designed to offset the consequences of the coronavirus shock, Armenian banks have provided loans worth 73 billion drams, Central Bank Chairman Martin Galstyan said at a news conference on Tuesday

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Armenian banks face social discipline problem amid COVID-19 (VIDEO)

04.06.2020 16:27

Armenian banks face social discipline problem amid COVID-19 (VIDEO)

Armenian banks faced the problem of non-observance of social distance and discipline of queuing in terms of COVID-19, Central Bank Chairman Arthur Javadyan said Thursday at a government meeting

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Armenian banks total deposits stand at about 3 trillion drams; lawmaker proposes to raise insured deposit amount

03.06.2020 00:52

Armenian banks total deposits stand at about 3 trillion drams; lawmaker proposes to raise insured deposit amount

Armenian banks’ total deposits stand now at about 3 trillion drams, a Prosperous Armenia party lawmaker Mikael Melkumyan said today when presenting a set of draft amendments to the law on Individual Bank Deposit Insurance

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