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EMIL SOGHOMONYAN SAYS ARMENIAN BANKS WILL CLOSE THIS YEAR WITH PROFIT
ARMENPRESS
Aug 25, 2009
YEREVAN, AUGUST 25, ARMENPRESS: The trade banks in Armenia continue
being stable which is the result of correct assessment of risks,
the Chairman of the Union of Armenian Banks Emil Soghomonyan said
today at the meeting with reporters. The specialist did not exclude
the possible repetition of the 2d round of financial-economic crisis
predicted by certain economists but even in that case he expressed
assurance that the banking system will not be damaged.
Soghomonyan did not share the assessments that this year the Armenian
trade banks will close this year with loss or with 0 index. He said
that during the first half of the year the total profit of the banks
amounted to 4 billion 300 million AMD, in 2008 during 6 months the
profit of the banks was 28 billion AMD.
In the first half of this year 16 out of 22 Armenia's banks closed
with profit and 6 with loss.
ARMENPRESS
Aug 25, 2009
YEREVAN, AUGUST 25, ARMENPRESS: The trade banks in Armenia continue
being stable which is the result of correct assessment of risks,
the Chairman of the Union of Armenian Banks Emil Soghomonyan said
today at the meeting with reporters. The specialist did not exclude
the possible repetition of the 2d round of financial-economic crisis
predicted by certain economists but even in that case he expressed
assurance that the banking system will not be damaged.
Soghomonyan did not share the assessments that this year the Armenian
trade banks will close this year with loss or with 0 index. He said
that during the first half of the year the total profit of the banks
amounted to 4 billion 300 million AMD, in 2008 during 6 months the
profit of the banks was 28 billion AMD.
In the first half of this year 16 out of 22 Armenia's banks closed
with profit and 6 with loss.