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Total Assets Of Armenian CB 619.5bln AMD At End Of Q3

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  • Total Assets Of Armenian CB 619.5bln AMD At End Of Q3

    TOTAL ASSETS OF ARMENIAN CB 619.5BLN AMD AT END OF Q3

    ARKA
    Nov 24, 2008

    YEREVAN, November 24. /ARKA/. In the 3rd quarter of 2008, the total
    assets of the Central Bank of Armenia (CBA) increased by 40,284,896,000
    AMD or by 6.96% and reached 619,468,618,000 AMD on September 30. The
    CBA press service reports that foreign exchange assets constituted
    77.46% of the total amount against 82.67% early in the 3rd quarter.

    The CBA foreign exchange assets increased by 1,009.666,000 AMD or by
    0.21% and reached 479, 816,879,000 AMD on September 30.

    Foreign exchange claims to foreign banks and other financial
    institutions amounted to 178,417,978,000 AMD - a quarterly decrease
    of 6,544,685,000 AMD or 3.54%. Foreign exchange assets in the
    International Monetary Fund (IMF) amounted to 4,228,576,000 AMD on
    September 30 against 4,410,947,000 AMD early in the 3rd quarter.

    The CBA's saleable foreign exchange assets remained unchanged -
    1,216,000 AMD.

    The CBA's investments in financial instruments, with revenues and
    losses from their overestimation indicated in the financial reports,
    amounted to 296,535,950,000 AMD against 288,507,938,000 AMD early in
    the 3rd quarter.

    On September 30, cash in terms of foreign exchange equaled 371,23,000
    AMD against 374,230,000 AMD early this July. The CBA's other foreign
    exchange assets amounted to 261,926,000 AMD - a decrease of 52.4%.

    At the end of the 3rd quarter, AMD assets amounted to 139,651,739,000
    0D AMD against 100,376,510,000 AMD early in the quarter - an actual
    quarterly increase of 39,275,229,000 AMD or 39.13%. According to the
    balance sheet data, credit investments and reserve REPOs amounted to
    37,390,352,000 AMD - a quarterly decrease of 4,764,226,000 AMD or 11%.

    The CBA's investments in saleable assets totaled 91,959,080,000
    against 48,596,499,000 AMD early in the 3rd quarter - an increase of
    89.23%. The CBA's fixed and intangible assets amounted to 9,477,778,000
    AMD on September 30. The CBA's other AMD assets decreased from
    897,978,000 AMD down to 824,529,000 AMD.
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