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Banks' capital adequacy rate rises to 15.1% in Armenia in March 2015 as capital grows and assets reduce

21.05.2015 20:40

Banks' capital adequacy rate rises to 15.1% in Armenia in March 2015 as capital grows and assets reduce

YEREVAN, May 21. /ARKA/. Banks' capital adequacy rate (total capital/risk weighted assets) rose to 15.1% in Armenia in March 2015 as capital grew and assets reduced.

Armenian banks' capital adequacy rate started going down in November 2014 because of devaluation of the dram and the financial shocks triggered by it.

In particular, it slid 0.3 percentage points to 16.1% in November, then shed to 14.5% in December and to 14.3% in January.

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