Total capital of Armenian banks in Q3 increases by 1% to 343.1 billion drams
11.11.2011
YEREVAN, November 11. /ARKA/. The total capital of Armenia-based banks in the third quarter of this year increased by 1% or about 3.4 billion drams to 343.1 billion drams, according to a brief survey of the Central Bank of Armenia about the performance of Armenian banks in the third quarter of 2011.
According to the Central Bank, the authorized capital of the banking system in the third quarter remained unchanged at about 226.4 billion drams. The share of nonresidents in the authorized capital of banks increased by 0.02% to about 164.7 billion drams. In fact, they accounted for 72.7% of the total authorized capital of the banking system.
It follows from the survey that the amount of main reserve in the capital of banks amounted to 17.7 billion drams, having increased during the quarter by 0.4%. At the same time retained profit of banks in January-September 2011 amounted to 24.5 billion drams. There are 21 banks in Armenia. ($1 – 383.73 AMD). -0-
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Armenian banks post 9.65 percent rise in equity capital
07.11.2011
The equity capital of Armenia-based banks in the third quarter of 2011 grew by 9.65% from the beginning of the year to about 361.2 billion drams.
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Armenian crediting organizations post 18.7% total capital growth in half one
23.08.2011
In the first half of 2011 the total capital of credit organizations in Armenia increased by 18.7% or 7.211 billion drams to about 45.7 billion drams.
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Armenian banks expect their capital to grow to 480 billion drams in 2013
06.06.2011
Armenian commercial banks expect their capital to grow by 50% or 160 billion drams in 2011-2013 to 480 billion drams, at a 14% annual growth rate.
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Combined capital of Armenian crediting organizations increases by 14.12% in the first quarter of 2011
17.05.2011
The combined capital of Armenian crediting organizations increased by 14.12% in the first quarter of 2011 or by 5.4 billion drams to 44 billion drams as of March 31.
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Total capital of Armenian banks increased by 5.1% to 335.1 billion drams in the first quarter of 2011
05.05.2011
Total capital of Armenian banks increased by 5.1% to 335.1 billion drams in the first quarter of 2011.
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Own capital of Armenian insurers reduced by 0.9% in the 4th quarter of 2010 making 12.5 billion drams
31.03.2011
Own capital of Armenian insurers reduced by 0.9% in the 4th quarter of 2010 making 12.5 billion drams.
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Total capital of insurance companies of Armenia reduced by 11.16% in the 4th quarter of 2010
11.03.2011
As of December 31, 2010 total capital of Armenian insurance companies made 11.3 billion drams reduced by 1.4 billion drams or by 11.16% in the 4th Q of 2010.
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EBRD Expert: Armenia Should Make Every Effort To Develop Capital Market
09.03.2011
Capital market is underdeveloped in Armenia, and substantial work is needed to put things right, Erik Berglöf, chief economist at EBRD said Wednesday
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