Armenian banks post 28.6 billion drams in net interest income in quarter one

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25.05.2012 18:42

YEREVAN, May 25. /ARKA/. Armenian banks posted 28.6 billion drams in net interest income in the first quarter of this year, a 25.1% increase over the same time span last year. Interest income grew by 33.4% to about 52.8 billion drams, and interest expenses by 44.7% to over 24.2 billion drams.

According to the interim financial statements of the banks for the first quarter of 2012, the leading bank in terms of net interest income was ACBA Credit Agricole Bank, which accounted for 12.1% (3.5 billion drams) of the overall net interest income. Its interest income was over 6.1 billion drams, the interest expenses amounted to 2.6 billion drams.

The list of five leading banks in terms of net interest income also includes HSBC Bank Armenia (over 3.2 billion drams), VTB Bank (Armenia) (more than 3 billion drams), Ardshininvestbank (more than 2.6 billion drams) and Ameriabank (more than 2.4 billion drams). ($1 - 402.67 drams). -0-

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Armenian banking system’s first-quarter net income hits AMD 7.8 bln

11.05.2012 12:34

Armenian banking system’s net income totaled nearly 7.8 billion drams in the first quarter of this year versus 8.1 billion drams from the same period a year earlier, Central Bank states

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Net income of Kazakhstan Eurasia bank was $15.6 million in the first half years

03.08.2011 15:24

Net income of Kazakhstan Eurasia bank was $15.6 million in the first half years.

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Average share of income falling on Armenian bank employee in q1 was 803,000 drams

28.06.2010 14:49