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Total assets of CBA in 2011 increased by 19.6% to 1 105.9 billion drams

10.04.2012 18:55

Total assets of CBA in 2011 increased by 19.6% to 1 105.9 billion drams

YEREVAN, April 10. /ARKA/. Total assets of Central Bank of Armenia in 2011 increased by 181.3 billion drams or 19.6% compared to 2010 making about 1 105.9 billion drams as of December 31, 2011. In accordance with the data of CBA balance provided by CBA press-service to ARKA News Agency, foreign currency assets were 72.4% of total assets vs. 79% in 2010.

According to the balance, in 2011, CBA foreign currency assets in dram equivalent increased by 70.7 billion drams or 9.7% making over 801.2 billion drams as of December 31, 2011.

Foreign currency requirements to the banks and other financial institutions was over 236.4 billion drams, increased in the reporting period by 49.5% or 78.3 billion drams. Foreign currency assets placed in IMF were at the end of December 76.5 billion drams vs. 63.7 billion drams at the end of 2010.

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Combined total assets of Armenian insurance companies in quarter 3 drop by 2.2% to 28.8 billion drams

29.11.2011 19:58

Combined total assets of Armenian insurance companies in quarter 3 drop by 2.2% to 28.8 billion drams

Combined total assets of Armenian insurance companies in quarter 3 drop by 2.2% to 28.8 billion drams.

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