Armenian banks report 7 percent assets growth
21.10.2010
Yerevan, October 21, /ARKA/. Armenian commercial banks said their total assets grew by 7.08% in the first nine months of the year to 1.452.3 trillion Drams According to their provisional reports for the third quarter, their aggregate liabilities rose by 6.05% to 1.134.6 trillion Drams and their total capital grew by 11% to 317.7 billion Drams.
According to an analysis of the reports made by ARKA, the banks’ credit investments in the reporting period of time grew by 15.82% compared to quarter 4 of 2009, to 849 billion Drams. The overall amount of liabilities to clients grew by 0.6% to 723.3 billion Drams. Armenian commercials banks said they earned 24.1 billion Drams in profits, by 3.5 times more if compared to the same time span of last year. There are 21 banks in Armenia . ($1 – 360.54 Drams).-0-
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Ministry of Finance: economic growth in 2010 will be about 3-4% in Armenia
06.10.2010
GDP growth in 2010 will be about 3-4% in Armenia, said Armenian Minister of Finance Tigran Davtyan.
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Deputy Minister Forecasts 4.8 GDP Growth Fro 2010
13.07.2010
A deputy Armenian finance minister predicted today a 4.8% full-year economic growth for the country after the GDP rose by 8.8%.
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Economic growth in Armenia expected to speed up this year
09.06.2010
Economic growth in Armenia is expected to speed up this year thanks to a rally seen in industry and construction sectors.
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Asatryan: Economic Growth in Armenia Expected To Reach 4 Or 5% In 2010
07.06.2010
Bagrat Asatryan, former chairman of the Central Bank of Armenia, thinks economic growth in Armenia will reach 4 to 5% in 2010.
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Asian development bank: Armenia to have about 2% economic growth in 2010
16.04.2010
Asian Development Bank predicts about two-percent economic growth in Armenia in 2010.
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IMF: Armenia to reach 1.8% economic growth in 2010
09.04.2010
On Friday, Guillermo Tolosa, IMF resident representative in Armenia, answering the question ARKA News Agency put to him at a news conference, said Armenia would have 1.8% economic growth in 2010.
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Analysis: growth of earnings from Armenian companies’ sales slows down by 4.1% in 2009
17.02.2010
Growth of Armenian companies’ earning from sales slowed down by 4.1% in 2009, compared with 2008, to AMD 1793.8 billion by late December, Armenian State Revenue Committee said after analyzing large taxpayers’ indicators.
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Former Central bank governor questions government economic growth projections
27.01.2010
Former Central bank governor questions government economic growth projections
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Growth of economy by the results of 2010 will be 1-2%
19.01.2010
“Growth of economy by the results of 2010 will be 1-2%”, said Nerses Karamanukyan, Chairman of Board and Executive Director of “Ardshininvestbank”
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