YEREVAN, March 25. /ARKA/. ArmSwissbank intends to build up its total normative capital to AMD 34-35 billion this year also by replenishing its authorized capital, the press office of the bank reported on Thursday.

According to the press release, ArmSwissbank has taken particular measures, thanks to which its total capital has already reached AMD 30 billion. In 2015, the bank's total capital amounted to AMD 18.3 billion.

To enhance effectiveness, sustainability and stability of banks the Central Bank of Armenia has decided to increase the minimum requirement to commercial banks' total capital to AMD 30 billion from the present AMD 5 billion on January 1, 2017.

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Tags: Armenia, ArmSwissBank, normative capital

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Armeconombank’s normative capital will amount to AMD 23 billion after merger with BTA Bank, the pres office of Armeconombank reported on Friday

Categories: Banks @en, General news, News, News of the hour | Comments Off on Armeconombank's normative capital to amount to AMD 23 billion after merger with BTA Bank

Tags: ARMECONOMBANK, BTA Bank, MERGING, normative capital

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