YEREVAN, November 1. /ARKA/. ARKA News Agency has singled out ten commercial banks of Armenia for their large credit portfolios in the third quarter of this year. The aggregate credit portfolio of the country's banking sector has grown 10% over the first nine months of the year reaching AMD 3 370.9 billion by late September.

Ameriabank is topping ARKA News Agency's ranking - its credit portfolio amounted to AMD 566.3 billion showing a 3.4% growth. Armbusinessbank, with its AMD 523.1 billon and 19.4% growth, came second in the ranking. Ardshnbank, with AMD 445.1 billion and 2.6% decline, ranked third, ACBA-CREDIT AGRICOLE BANK, with AMD 277.9 billion and 26.4% growth, fourth, and Inecobank with AMD 226.7 billion and 9.8% growth, fifth.

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Tags: Armenia, COMMERCIAL BANKS, credit portfolios, top

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Total volume of credit portfolio of the branches of Armenian banks operating in Nagorno-Karabakh Republic (NKR) as of April 1, 2012 increased by 35.6% compared to the same period of 2011, making 60480.8 million drams.

Categories: Banks @en, General news, News, News of the hour | Comments Off on Credit portfolio of the branches of Armenian banks as of April 1 was about 60.5 billion drams

Tags: branch, credit portfolios, Karabakh

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The share of individual loans in Armenian banks’ combined outstanding credit portfolios at the end of 2010 was 32.3%.

Categories: Banks @en, General news, News | Comments Off on Individual loans in banks’ outstanding credit portfolios was 32.3% late in 2010

Tags: Armenia, credit portfolios, LOANS

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