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Armenian banks’ liabilities grew by 18 percent in 2014 to 2.922 trillion drams

27.01.2015 20:36

Armenian banks’ liabilities grew by 18 percent in 2014 to 2.922 trillion drams

YEREVAN, January 27. / ARKA /. Armenian commercial banks’ liabilities saw an 18.3 percent rise in 2014 to 2.921.8 trillion drams, according to ARKA news agency’s recurrent study.

The leading bank by size of liabilities -357.4 billion drams -was Ameriabank. If compared to the beginning of 2014 they surged by 29.3%. Overall, Ameriabank accounted for 12.2% of the total liabilities of all 21 banks operating in Armenia.

The second largest bank in terms of liabilities was VTB Bank (Armenia) - 334.9 billion drams. They grew by 26.35% from the start of the year. This bank accounted for 11.5% of the total liabilities.
VTB Bank (Armenia) was followed by Ardshinbank -321.7 billion drams.

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Armenian banks' net profit slashes by 41 percent in 2014

26.01.2015 19:07

Armenian banks' net profit slashes by 41 percent in 2014

In 2014 Armenian banks earned a total of 27.1 billion drams in net profit, by 41 percent down from the previous year when this figure stood at 46.3 billion drams, according to ARKA news agency’s financial and economic bulletin “Banks of Armenia” for the last quarter of 2014

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European Central Bank leaves key interest rates unchanged at 0.05 percent

04.12.2014 18:38

European Central Bank leaves key interest rates unchanged at 0.05 percent

The European Central Bank has left its key interest rates unchanged at its regular monthly policy meeting on Thursday, Prime reported

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Private remittances to Armenia fall by 17 percent in October to $161.6 million

28.11.2014 20:04

Private remittances to Armenia fall by 17 percent in October to $161.6 million

Private remittances from Russia and some other countries to Armenia continued to fall in October, according to the latest statistical data posted by the Central Bank

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Aggregate deposits at Armenian banks increase by 1.3 percent in 9 months to 1.530.5 trillion drams

11.11.2014 19:27

Aggregate deposits at Armenian banks increase by 1.3 percent in 9 months  to 1.530.5 trillion drams

The aggregate amount of individual and corporate deposits as well as deposits of private entrepreneurs kept at 21 Armenian commercial banks have increased by 1.3 percent in the first nine months of 2014 to 1.530.5 trillion drams. In late September they, however, were 0.97$ down from the second quarter

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Deposits in Armenia’s 21 commercial banks drop by 0.1 percent to 1.629 trillion drams

05.11.2014 17:04

Deposits in Armenia’s 21 commercial banks drop by 0.1 percent to 1.629 trillion drams

The amount of deposits in Armenia’s 21 commercial banks stood at 1.629 trillion drams at the end of September 2014, a decrease of 0.1% from the previous month, the National Statistical Service (NSS) reported today

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Doubtful credit investments of Armenian banks in first half surge by 20 percent to 18.2 billion drams

16.09.2014 17:55

Doubtful credit investments of Armenian banks in first half surge by 20 percent to 18.2 billion drams

Armenian commercial banks’ doubtful credit investments in the first half of the year amounted to 18.2 billion drams, an increase of 20.3 percent if compared with the same period last year, according to the “Bulletin of the Central Bank of Armenia” for the second quarter of 2014

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Number of commercial banks’ clients in Armenia shrinks 6.4% over June 2014 to 1.9 million

04.09.2014 20:23

Number of commercial banks’ clients in Armenia shrinks 6.4% over June 2014 to 1.9 million

The number of commercial banks’ clients in Armenia contracted by 6.4% over June 2014 to 1,915,274 by the end of the month, the National Statistical Service reports

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Armenia’s external public debt decreases by 1.2 percent second quarter to $3.850.4 billion

01.09.2014 18:27

Armenia’s external public debt decreases by 1.2 percent second quarter to $3.850.4 billion

Armenia’s external public debt in the second quarter of 2014 decreased by 1.2 percent from the beginning of the year to $3.850.4 billion, according to the National Statistical Service (NSS)

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3.4% inflation in Armenia in Jan-June 2014

20.08.2014 20:34

3.4% inflation in Armenia in Jan-June 2014

Inflation in Armenia was recorded at 3.4% in Jan-June 2014, compared with the same period a year earlier, the National Statistical Service reports

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