YEREVAN, May 12. /ARKA/. Net profit of Areximbank-Gazprombank Group CJSC amounted 156.9 million drams in the first quarter of this year, the bank’s press office reported.

According to the bank’s press release, this financial achievement allowed the bank to increase its authorized stock to 9,435.6 million drams and its own capital by 60.1%, bringing it to 25,556.7 million drams.

Bank's assets as of April 1 of this year stood at about 107,341.6 million drams. The bank said also its liabilities were 81,784.8 million drams in early April.

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YEREVAN, March 16. /ARKA/. Russian banks’ losses grew from 24 billion rubles over a month up to 36 billion rubles in February, yet the banks will post a profit of several hundred billion rubles as of the end of this year, said Mikhail Sukhov, deputy head of the Russian central Bank, according to the Prime. […]

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Net profit of Armenia’s Ardshininvestbank amounted to 4.2 billion drams by the end of 2014, the bank’s press office reported

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Bank Anelik intends to become profitable again by the end of 2014, chairman of the bank’s board Nerses Karamanukyan said

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Reserve allocations made by Armenian banks for their increasing lending is one of the reasons behind a 13.6 percent decline in Armenian banking sector’s aggregate profit in the first half of 2014 from the same time span in 2013 to 17.8 billion drams

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Armenian Ardshininvestbank said today that during the first semester of 2014 its net profit amounted to AMD 2.8 billion outperforming the result of the comparable period of the last year by 36.2%

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Ameriabank’s 2014 Q I net profit was 2% higher than that of the same quarter of the previous year, Gevorg Tarumyan, the deputy CEO, a member of the directorial board and the financial director of the bank, said Wednesday at a news conference while summarizing the quarter’s result

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Armenian credit organizations earned in the first quarter about 1.7 billion drams in net profits, a reduction of 2.9% compared to Q1 2013

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Armenia’s insurance companies posted 1,225 million drams in net profit as of the end of the first quarter 2014, an increase of 343.2mln compared to the same period of the year before

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Seven Armenian banks earned last year 14.8 billion drams in net profits from foreign currency trading, according to a report of the Central Bank of Armenia report on financial stability in 2013

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