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Armenian banks’ average return on assets index slips from 1.84% to 1.24%

08.05.2014 16:04

Armenian banks’ average return on assets index slips from 1.84% to 1.24%

YEREVAN, May 8, /ARKA/ Armenia-based commercial banks’ average return on assets (ROA) index, showing a company’s efficiency in making profits from its assets, slipped from 1.84% in the fourth quarter of 2013 to 1.24% in the first quarter of 2014, according to the findings of an analysis made by ARKA news agency.

The leading bank by size of ROA indicator was ArmSwissbank, which posted a 3.81% ROA index in the first quarter of this year, as compared to 2.98% in the fourth quarter last year.

The next in the top five list was Araratbank with 3.43% against 2.75%. It was followed by Inecobank  with 3.43% against 4.21%, HSBC Bank Armenia  with 3.25% against 3.55% and Prometey Bank with 2.463% against 2.53%.

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Interest rates at Armenia’s financial market continue stabilizing in November

21.12.2012 20:07

Interest rates at Armenia’s financial market continue stabilizing in November

Interest rates at Armenia’s financial market continued stabilizing in November, the press office of the Central Bank of Armenia said today in its report presenting the results of the bank board’s meeting held on December 11

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Average loan interest rate increased by 0.2p.p. to 14.6% in Armenia in October

29.11.2012 14:00

Average loan interest rate increased by 0.2p.p. to 14.6% in Armenia in October

Average interest rate on loans was 14.6% in Armenia in October, which is an increase of 0.2 percentage points against September, Armenia’s Central Bank reported

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Regulator: slight decline in interest seen at Armenia’s lending market in September

19.10.2012 21:04

Regulator: slight decline in interest seen at Armenia’s lending market in September

Stabilization and a slight decline in interest rates were seen at Armenia’s lending market in September

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