Armenia-based banks increase reserves for possible credit losses by 22.7% to 102.7 billion drams | ArmBanks.am

Thursday, April 18/2024

|

|

ru am en

2023-11-01 17:31:11Armenia's financial indicators remain sound, registering marginal changes in capital adequacy and profitability –World Bank

2023-08-29 11:28:37Russian Central Bank registers new Kwikpay int'l remittance system

2023-08-15 12:09:17Armenia works on bringing Pay Pal to the country- Deputy Minister

- rss
- Archive

All news related to credit losses

Armenia-based banks increase reserves for possible credit losses by 22.7% to 102.7 billion drams

19.05.2017 11:46

Armenia-based banks increase reserves for possible credit losses by 22.7% to 102.7 billion drams

YEREVAN, May 19. /ARKA/. In the first quarter of 2017 Armenia-based commercial banks increased their reserves for possible credit losses by 18.9 billion drams or 22.7% from the year before to 102.7 billion drams, according to ARKA news agency’s financial and economic bulletin "Banks of Armenia" (performance indicators for the first quarter of 2017).

Compared to the beginning of 2017 the reserves increased by 5 billion drams or 5.21%.

The top five banks by size of reserves for possible credit losses were VTB Bank (Armenia), ACBA-CREDIT AGRICOLE BANK, HSBC Bank Armenia, Ameriabank and Ardshinbank.

Views: 0

Categories: Banks @en, General news, News, News of the hour | Comments Off on Armenia-based banks increase reserves for possible credit losses by 22.7% to 102.7 billion drams

Tags: Armenia, Banks, credit losses, reserves

Popular this week

1

11.04.2024 23:42

Charles Aznavour's art will be presented in a new and unique way

2

11.04.2024 23:36

Armenia's inflation will be 3% in 2024 and 3.5% in 2025 - ADB

3

11.04.2024 23:40

Asian Development Bank invested $1.9 bln in Armenian economy over 19 years.

4

12.04.2024 22:02

EDB: appreciation of Armenian dram limits demand for export of most goods and services

5

11.04.2024 23:41

Armenia's public debt to remain within 55% of GDP in 2024 in the absence of currency shocks – ADB

Postroll

18.04.2024

18.04.2024 18:51 Central Bank of Armenia leaves anti-cyclical capital buffer unchanged

18.04.2024 14:00 Central Bank or Armenian government did not dream of banning Mir cards in Armenia" - MP

17.04.2024 14:24 Acba Leasing partners with Giacomo company to help establish production of solar water heaters in Armenia (VIDEO)

12.04.2024 22:02 EDB: appreciation of Armenian dram limits demand for export of most goods and services

11.04.2024 23:42 Charles Aznavour's art will be presented in a new and unique way

11.04.2024 23:41 Armenia's public debt to remain within 55% of GDP in 2024 in the absence of currency shocks – ADB

11.04.2024 23:40 Asian Development Bank invested $1.9 bln in Armenian economy over 19 years.

11.04.2024 23:36 Armenia's inflation will be 3% in 2024 and 3.5% in 2025 - ADB

11.04.2024 11:59 Byblos Bank Armenia donates AMD 5 million to Health Fund for Children of Armenia

09.04.2024 13:11 EIB delegation familiarized with f Sisian-Kajaran road section project in the south of Armenia

All rights reserved

ARKA News Agency

© 1996-2024 ARKA News Agency. All rights reserved

- Add to favorites

Multilingual WordPress with WPML

The materials on this site may not be reproduced or used, in whole or in part, without the prior written permission of the copyright owner ARKA LLC information news agency. Hyperlinks to the ARKA website (armbanks.am) are obligatory. They should be direct, active, non-cryptic and not closed from indexing. The opinion of the authors of materials on the site may not necessarily coincide with those of the editorial staff.