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Total capital of Armenia-based commercial banks grew by 73 billion drams or by 9.5% in 2019 to 844.8 billion drams

14.02.2020 16:49

Total capital of Armenia-based commercial banks grew by 73 billion drams or by 9.5% in 2019 to 844.8 billion drams

YEREVAN, February 14. /ARKA/. The total capital of Armenia-based commercial banks grew by 73 billion drams or 9.5% in 2019 from the previous year to 844.8 billion drams, Seyran Sargsyan, the executive director of the Union of Banks of Armenia told reporters on Friday.

"If we compare this figure with 2009, we will see that it has tripled since then," Sargsyan said. He also said that the banks' assets stood at 5.805 trillion drams in late December 2019, having grown by 17% or 842 billion drams from 2018.

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Top 10 commercial banks of Armenia with biggest credit portfolios in 3rd Q 2019

01.11.2019 18:47

Top 10 commercial banks of Armenia with biggest credit portfolios in 3rd Q 2019

ARKA News Agency has singled out ten commercial banks of Armenia for their large credit portfolios in the third quarter of this year

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Total capital of Armenia-based commercial banks increase to 818.6 billion drams

30.10.2019 16:50

Total capital of Armenia-based commercial banks increase to 818.6 billion drams

The total capital of 17 Armenia-based commercial banks in the first 9 months of 2019 increased by 6.2% or 47 billion drams amounting to 818.6 billion drams

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Seventeen Armenia-based commercial banks earn 60.9 billion drams in profit in nine months of 2019

30.10.2019 16:49

Seventeen Armenia-based commercial banks earn 60.9 billion drams in profit in nine months of 2019

Seventeen Armenia-based commercial banks earned a total of 60.9 billion drams in profit in the first nine months of 2019, the chairman of the Union of Banks of Armenia Mher Abrahamyan told reporters on Wednesday

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Armenia-based commercial banks report growth in all major indicators

28.10.2019 18:49

Armenia-based commercial banks report growth in all major indicators

In the first 9 months of 2019 Armenia-based commercial banks reported growth in all major indicators, according to their reports, published in accordance with International Financial Reporting Standards (IFRS)

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Ranking of most profitable commercial banks of Armenia for 2nd q 2017

19.07.2017 16:56

Ranking of most profitable commercial banks of Armenia for 2nd q 2017

YEREVAN, July 18. /ARKA/. ARKA News Agency is publishing the ranking of the most profitable commercial banks of Armenia for the second quarter 2017. The aggregate net profits of Armenia’s all banks have grown 48.6% from AMD 12.8 billion in Jan-June 2016 to AMD 19 billion in the same period of 2017. According to quarterly […]

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Deposits at Armenian commercial banks grow 0.8% to AMD 2 434 1 billion in April 2017

01.06.2017 14:09

Deposits at Armenian commercial banks grow 0.8% to AMD 2 434 1 billion in April 2017

Aggregate deposits at Armenian commercial banks amounted to AMD 2 434 1 billion in late April 2017 after growing 0.8% over one month, the National Statistical Service reports

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Around $101.3 million bought by Armenian banks last week

30.01.2017 14:06

Around $101.3 million bought by Armenian banks last week

Armenia’s commercial banks bought around $101.3 million from the local foreign currency market on January 23 to 27 at the average weighted exchange rate of 485.74 drams per one USD, the Central Bank of Armenia reported on Monday

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ARKA News Agency presents ranking of Armenia’s commercial banks for 2016 by their credit exposure

26.01.2017 15:10

ARKA News Agency presents ranking of Armenia’s commercial banks for 2016 by their credit exposure

ARKA News Agency presents the ranking of Armenia’s commercial banks for 2016 by their credit exposure

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Over $73 million bought by Armenian banks last week

29.08.2016 17:03

Over $73 million bought by Armenian banks last week

Armenia’s commercial banks bought more than $73 million from the local foreign currency market on August 22 to 26 at the average weighted exchange rate of 473.56 drams per one USD

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