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Armenian Insurance Companies Post 2.3 Billion Drams In Net Profits For The First Nine Months

28.11.2011 18:08

Armenian Insurance Companies Post 2.3 Billion Drams In Net Profits For The First Nine Months

YEREVAN, November 28. /ARKA/. Armenian insurance companies posted 2.3 billion drams in net profits for the first nine months of the year. In the first nine months of last year they incurred a total of 291.3 million drams in net losses.

According to an analysis, made by ARKA news agency, the leading company by size of net profits was Rosgosstrakh Armenia with over 553.5 million drams. In the same time span of last year this company incurred 189.9 million drams of losses.

The list of leaders included also Nairi Insurance with 511.4 million drams of net profits. The figure represented a sevenfold rise from the same time span of last year or by 440.7 billion drams and Ingo-Armenia with 326.3 million drams net profits, almost a six-fold rise from a year before (by 293.3 million drams).

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Net profits of Armenian banks in first nine months grows by 18.4% to 24.5 billion drams

08.11.2011 18:27

Net profits of Armenian banks in first nine months grows by 18.4% to 24.5 billion drams

Net profits of Armenian banks in the first nine months grew by 18.4% from a year earlier to about 24.5 billion drams.

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Armenian banks earn 21.7 billion drams in net profits in Jan-June 2011

09.09.2011 20:42

Armenian banks earn 21.7 billion drams in net profits in Jan-June 2011

Armenian banks earned a total of 21.7 billion drams in net profits in the first half of this year, while their net profits for the whole year of 2010 totaled 33.8 billion drams, Ashot Osipyan, chairman of the Union of Armenian banks, said at a news conference on Friday.

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Armenia’s crediting organizations post 12.5% rise in net profits last year

14.02.2011 16:46

Armenia’s crediting organizations post 12.5% rise in net profits last year

Armenia’s crediting organizations’ net profits swelled last year by 12.5% from 2009 or 538.7 million Drams to 4.8 billion Drams.

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Haypost operator closes last year with a 1.2 billion drams profits

04.02.2010 19:22

Haypost operator closes last year with a 1.2 billion drams profits

HayPost Armenian postal operator closed last year with a 1.2 billion Drams profits, for the first time in recent years, transport and communications minister Gurgen Sarkisian said today.

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HSBC Bank Armenia to close 2009 withy profits

07.12.2009 17:59

HSBC Bank Armenia to close 2009 withy profits

HSBC Bank Armenia Chief Executive Officer Tim Slater said to ARKA that the bank will close the year with profits.

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Armenian Unibank’s profits for third quarter 2009 total AMD 455 million

27.11.2009 16:30

Armenian Unibank’s profits for third quarter 2009 total AMD 455 million

Armenian Unibank’s profits for the third quarter 2009 total about AMD 455 million, the bank’s website says.

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