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OVER Q1 2013 TOTAL CAPITAL OF ARMENIA'S BANKING SYSTEM UP 1.2% TO $986.6 MLN
2013-05-16 13:44:00
ArmInfo. In Q1 2013 the aggregate total capital of Armenia's banking
system grew by 1.2% (up 11.7% versus Q1 2012) to 405.4 bln AMD
($986.6 mln) by 1 April 2013. The authorized capital remained at
the same level - 243 bln AMD ($580.5 mln), having grown by 7.5% as
compared with Q1 2012 (no changes as compared to Q4 2012). The share
of foreign capital in the authorized fund was up 0.1% over Q1 2013
(up 5.1% versus Q1 2012) to 178.4 bln AMD ($426.1 mln), or 73.4% of
the total amount. The press service of the Central Bank of Armenia has
told ArmInfo that as of 1 April 2013 the share of accumulated profit
in the aggregate total capital was almost 28%, or 112.5 bln AMD, or
$268.8 mln (up 3.6% versus Q4 2012, up 22.2% versus Q1 2012). Over
Q1 2013 the main reserves grew by 0.3% (up 7% versus Q1 2012) to
20.1 bln AMD ($48 mln). The source says that the total liabilities
in the banking system totaled 2.2 trillion AMD as of 1 April 2013
(up 4.2% versus Q4 2012 and up 29.3% versus Q1 2012). The aggregate
total assets amounted to 2.6 trillion AMD (3.7% growth versus Q4 2012
and 26.2% growth versus Q1 2012). As of 1 April 2013 there were 22
banks in Armenia (including the Pan-Armenian Bank) and 476 branches
(against 444 branches as of 1 April 2012 and 479 as of 1 January 2013).
2013-05-16 13:44:00
ArmInfo. In Q1 2013 the aggregate total capital of Armenia's banking
system grew by 1.2% (up 11.7% versus Q1 2012) to 405.4 bln AMD
($986.6 mln) by 1 April 2013. The authorized capital remained at
the same level - 243 bln AMD ($580.5 mln), having grown by 7.5% as
compared with Q1 2012 (no changes as compared to Q4 2012). The share
of foreign capital in the authorized fund was up 0.1% over Q1 2013
(up 5.1% versus Q1 2012) to 178.4 bln AMD ($426.1 mln), or 73.4% of
the total amount. The press service of the Central Bank of Armenia has
told ArmInfo that as of 1 April 2013 the share of accumulated profit
in the aggregate total capital was almost 28%, or 112.5 bln AMD, or
$268.8 mln (up 3.6% versus Q4 2012, up 22.2% versus Q1 2012). Over
Q1 2013 the main reserves grew by 0.3% (up 7% versus Q1 2012) to
20.1 bln AMD ($48 mln). The source says that the total liabilities
in the banking system totaled 2.2 trillion AMD as of 1 April 2013
(up 4.2% versus Q4 2012 and up 29.3% versus Q1 2012). The aggregate
total assets amounted to 2.6 trillion AMD (3.7% growth versus Q4 2012
and 26.2% growth versus Q1 2012). As of 1 April 2013 there were 22
banks in Armenia (including the Pan-Armenian Bank) and 476 branches
(against 444 branches as of 1 April 2012 and 479 as of 1 January 2013).