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ARKA Agency Publishes Its Bulletin On Credit Organizations Of Armeni

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  • ARKA Agency Publishes Its Bulletin On Credit Organizations Of Armeni

    ARKA AGENCY PUBLISHES ITS BULLETIN ON CREDIT ORGANIZATIONS OF ARMENIA FOR Q3 2008

    ARKA
    Nov 3, 2008

    YEREVAN, November 3. /ARKA/. ARKA Agency has published the next
    issue of its quarterly financial and economic bulletin - "Credit
    organizations of Armenia" - for the third quarter of this year.

    The bulletin is compiled based on financial reports of credit
    organizations published in the press. It consists of about 35 pages on
    various indicators of performance of credit organizations in tabular
    form and has 12 main chapters - 1. General description of credit
    organizations, 2. Assets, 3.

    Liabilities, 4. Capital, 5. Profit/Losses, 6. Money flow information,
    7.

    performance standards for credit organizations, 8. Capitalization
    indicators, 9.

    profitability and income, 10. Composite indicators of credit
    organizations (summary), 11. Composite efficiency indicators of credit
    organizations and 12. Basic services provided by credit organizations.

    The information the bulletin contains provides a view of the financial
    state of Armenia's credit organizations and an opportunity to make
    comparative analysis of their performance. The bulletin also contains
    technical and methodological explanations on the tables.

    The ARKA News Agency founded on May 1 1996 specializes in financial,
    economic and political information. ARKA started publishing quarterly
    bulletin "Basic indicators of Armenian banks" in 1999, the bulletin
    "Credit organizations of Armenia" in March 2005 and the quarterly
    bulletin "Financial indicators of banks" in May 2006. The bulletins
    are made based on independent annual audits.
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