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OVERALL ASSETS OF ARMENIAN BANKING SYSTEM PASS THRESHOLD OF 1 TRILLION DRAMS
Noyan Tapan
http://www.nt.am?shownews=1010785
Dec 19, 2008
YEREVAN, DECEMBER 19, NOYAN TAPAN. Last week the overall assets of
the Armenian banking system grew by 16.2 billion drams and made 1
trillion drams (about 3 bln 243.5 mln USD), passing this threshold
for the first time.
There was mainly a growth in correspondent accounts in banks, cash
in banks and credits. The credits increased by 3.3 billion drams,
incliding a growth of 1.8 bln drams in credits to legal entities and
that of 1.4 bln drams in credits to natural persons.
According to the PR Service of the Central Bank of Armenia (CBA), the
overall capital of the banking system increased by 5.9 bln drams in
the indicated period and made 229.4 bln drams, which was conditioned
by replenishment of a total of 4.2 bln drams in the authorized funds
of 3 banks and a profit of 1.7 bln drams made by the banking system
last week. The liabilities of the system grew by 10.3 bln drams to
771 bln drams. The deposits of natural persons grew by 3.7 bln drams.
Noyan Tapan
http://www.nt.am?shownews=1010785
Dec 19, 2008
YEREVAN, DECEMBER 19, NOYAN TAPAN. Last week the overall assets of
the Armenian banking system grew by 16.2 billion drams and made 1
trillion drams (about 3 bln 243.5 mln USD), passing this threshold
for the first time.
There was mainly a growth in correspondent accounts in banks, cash
in banks and credits. The credits increased by 3.3 billion drams,
incliding a growth of 1.8 bln drams in credits to legal entities and
that of 1.4 bln drams in credits to natural persons.
According to the PR Service of the Central Bank of Armenia (CBA), the
overall capital of the banking system increased by 5.9 bln drams in
the indicated period and made 229.4 bln drams, which was conditioned
by replenishment of a total of 4.2 bln drams in the authorized funds
of 3 banks and a profit of 1.7 bln drams made by the banking system
last week. The liabilities of the system grew by 10.3 bln drams to
771 bln drams. The deposits of natural persons grew by 3.7 bln drams.