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ASSETS OF ARMENIAN BANKS OVER $6 BILLION
July 16, 2013 | 02:44
YEREVAN. - Combined assets of Armenian banks as of June 1, 2013,
are over $6.3 billion (AMD 2.6 trillion), statistical bulletin of
the Central Bank of Armenia informs.
At the same time, combined assets of Armenia's commercial banks come
to 65% of country's GDP. Thus, Armenia is third among the post-Soviet
states on the 'bank assets/GDP' index (after Ukraine with over 80%
index and Russia with 75% index). Among other South Caucasian states,
in Georgia this index equals to 60% of GDP, in Azerbaijan - 30%.
In developed European states bank assets significantly surpass the
GDP, for example, bank assets surpass GDP four times in Germany,
five times in Switzerland, and six times in UK.
News from Armenia - NEWS.am
July 16, 2013 | 02:44
YEREVAN. - Combined assets of Armenian banks as of June 1, 2013,
are over $6.3 billion (AMD 2.6 trillion), statistical bulletin of
the Central Bank of Armenia informs.
At the same time, combined assets of Armenia's commercial banks come
to 65% of country's GDP. Thus, Armenia is third among the post-Soviet
states on the 'bank assets/GDP' index (after Ukraine with over 80%
index and Russia with 75% index). Among other South Caucasian states,
in Georgia this index equals to 60% of GDP, in Azerbaijan - 30%.
In developed European states bank assets significantly surpass the
GDP, for example, bank assets surpass GDP four times in Germany,
five times in Switzerland, and six times in UK.
News from Armenia - NEWS.am