Tuesday, February 12 2013 15:05

Share of legal parsons up 58,3% and individual persons - 33,8% for 4Q 2012 in credit portfolio of Armenian banks


Arminfo. The total assets of the banking system of Armenia grew by 5,7% for the 4Q 2012 and reached $6.1 bln (2.478 trillion drams) by 1 January 2013, press-service of Central Bank reported.

The total volume of crediting of individual persons by the banks grew by 5.9% for the 4Q 2012 and amounted to $1.3 bln (540.1 bln drams) by 1 January 3013. Moreover, the credits delivered to the inter-connected persons and bank employees dropped by 16,2% - to 63.8 bln drams ($158.1 mln) for the reported period. The crediting volume of legal persons grew by 5,7% - up to 932.4 bln drams ($2.3 bln) for the 4Q 2012. The share of legal persons in the credit portfolio of Armenian banks grew a little for the reported period - up to 58,3%, and of individual persons - from 33,4% up to 33,8%.

The volume of investments of the commercial banks in the state securities grew by 14,3% for the 4Q 2012 and by 1 January 2013 reached $449 mln (181.2 bln drams). The volume of funds in nostro-accounts reduced by 18,3% for the reported quarter and amounted to 82.7 bln drams ($204.9 mln). The requirements for Central Bank (including correspondent accounts) grew by 21,7% up to 265 bln drams ($656.6 mln), and cash funds grew by 7,1% up to 99 bln drams ($245.3 mln).

According to Central Bank, as of 1 January 2013, 22 banks were functioning at the territory of Armenia (including the Pan-Armenian Bank) and 479 their offices (against 465 as of 1 October 2012).
POST A COMMENT
Input digits     


News
Armenia reduces wine export volumes, Russia remains traditional  marketArmenia reduces wine export volumes, Russia remains traditional  market
Dollar, ruble transactions increased in Armenian interbank foreign  exchange  market from October 27-31, 2025Dollar, ruble transactions increased in Armenian interbank foreign  exchange  market from October 27-31, 2025
Armenia reduced copper and molybdenum concentrate exports in the  first half of 2025, while increasing shipments of zinc and precious  metal oresArmenia reduced copper and molybdenum concentrate exports in the  first half of 2025, while increasing shipments of zinc and precious  metal ores
Germany to provide152 million euros in support to ArmeniaGermany to provide152 million euros in support to Armenia
Armenia significantly increased automobile imports in the first half  of 2025Armenia significantly increased automobile imports in the first half  of 2025
New Campaign Ahead of Savings Day: IDBankNew Campaign Ahead of Savings Day: IDBank
Tashir Capital resubmitted its application for  reduction in  electricity tariffs Tashir Capital resubmitted its application for  reduction in  electricity tariffs 
Natural gas imports to Armenia increased by 4.5% in the first half of  2025, while liquefied gas imports increased by 29.4%Natural gas imports to Armenia increased by 4.5% in the first half of  2025, while liquefied gas imports increased by 29.4%
In 2026, Yerevan Municipality to receive 56.6 bln drams from  budget  - MayorIn 2026, Yerevan Municipality to receive 56.6 bln drams from  budget  - Mayor
Armenia`s imports of oil products 9.2% up in first half of 2025 Armenia`s imports of oil products 9.2% up in first half of 2025 
Armenian government continues talks on funding of corridor via  country - minister Armenian government continues talks on funding of corridor via  country - minister 
EU ready to assist Armenia in forming and developing sustainable  digital economyEU ready to assist Armenia in forming and developing sustainable  digital economy
AMD 35.3bln to be allocated for development of Armenia`s water sector  in 2026AMD 35.3bln to be allocated for development of Armenia`s water sector  in 2026
Armenia, EU strengthen cooperation in energy, transport, and road  safetyArmenia, EU strengthen cooperation in energy, transport, and road  safety
Armenians among top 3 visitors to GeorgiaArmenians among top 3 visitors to Georgia
EITI International Council to meet in Yerevan EITI International Council to meet in Yerevan
Armenia`s vice-premier, EIB representative discuss new areas of  cooperationArmenia`s vice-premier, EIB representative discuss new areas of  cooperation
Armenia, Germany form reliable cooperation based on common values -  ministerArmenia, Germany form reliable cooperation based on common values -  minister
Think beyond today. Why save?Think beyond today. Why save?
Aluminum foil exports  decreased in Armenia while maintaining their  customs valueAluminum foil exports  decreased in Armenia while maintaining their  customs value
Armenian Customs Service: Gold trade decreased significantly in the  first half of 2025Armenian Customs Service: Gold trade decreased significantly in the  first half of 2025
Armenia`s diamond trade decreased  by almost 50% in the first half of  2025Armenia`s diamond trade decreased  by almost 50% in the first half of  2025
Arsen Torosyan: 420,000 citizens to benefit from pensioner cashback  program by the end of next yearArsen Torosyan: 420,000 citizens to benefit from pensioner cashback  program by the end of next year
State Revenue Committee,  EBRD, and Grant Thornton Armenia launch  skills development program for refugeesState Revenue Committee,  EBRD, and Grant Thornton Armenia launch  skills development program for refugees
GIZ  entrusted with implementation of programs worth ?15.6 million as  part of Armenia`s technical cooperation with Germany GIZ  entrusted with implementation of programs worth ?15.6 million as  part of Armenia`s technical cooperation with Germany
Social Ministry`s program budget to be increased by 9.6% in 2026Social Ministry`s program budget to be increased by 9.6% in 2026
Armenia extending ban on export of ferrous and non-ferrous metal  scrap and waste until August 2, 2026Armenia extending ban on export of ferrous and non-ferrous metal  scrap and waste until August 2, 2026
IMF: Armenia- Azerbaijan improving relations to facilitate greater  regional cooperation and integrationIMF: Armenia- Azerbaijan improving relations to facilitate greater  regional cooperation and integration
Armenian government to support procurement process of Voskehat and  Areni grapesArmenian government to support procurement process of Voskehat and  Areni grapes
Armenia to get $250 million loan from  ADB to address housing needs  of internally displaced persons from Nagorno-KarabakhArmenia to get $250 million loan from  ADB to address housing needs  of internally displaced persons from Nagorno-Karabakh
New bridgework near Armavir - South Caucasus Railway New bridgework near Armavir - South Caucasus Railway 
EU to allocate EUR 5mln for enhancing Armenia`s nuclear safety and  radiation protection EU to allocate EUR 5mln for enhancing Armenia`s nuclear safety and  radiation protection 
Armenia`s Ministry of Finance proposes tax benefits for  government-funded programs Armenia`s Ministry of Finance proposes tax benefits for  government-funded programs 
Armenia, Argentina discuss prospects for joint technology projects Armenia, Argentina discuss prospects for joint technology projects 
Construction of 32-km-long section of Kajaran-Agarak highway must  meet high quality standards - official Construction of 32-km-long section of Kajaran-Agarak highway must  meet high quality standards - official 
Armenia attaches importance to continued cooperation with EIB in  implementing major infrastructure programs and  private sector  developmentArmenia attaches importance to continued cooperation with EIB in  implementing major infrastructure programs and  private sector  development
Tashir Capital will once again appeal to Public Services Regulatory  Commission on October 30th, demanding reduction in electricity  tariffs for populationTashir Capital will once again appeal to Public Services Regulatory  Commission on October 30th, demanding reduction in electricity  tariffs for population
Fourth meeting of EU-Armenia Investment Coordination Platform held in  YerevanFourth meeting of EU-Armenia Investment Coordination Platform held in  Yerevan
ENA former management  proposed reducing electricity tariffs to  Public Services Regulatory Commission, but the proposal was denied -  David GhazinyanENA former management  proposed reducing electricity tariffs to  Public Services Regulatory Commission, but the proposal was denied -  David Ghazinyan
Armenian-German intergovernmental talks starting in BerlinArmenian-German intergovernmental talks starting in Berlin
Connected, Convenient, Converse: Andranik Grigoryan Presents Converse Bank’s Digital Transformation Journey at the BACEE ConferenceConnected, Convenient, Converse: Andranik Grigoryan Presents Converse Bank’s Digital Transformation Journey at the BACEE Conference
In 2024, Armenia exported 48 million liters of bottled brandyIn 2024, Armenia exported 48 million liters of bottled brandy
In the first eight months of 2025, Armenia`s exports to Germany  exceeded the volume from 2024 - Economy MinisterIn the first eight months of 2025, Armenia`s exports to Germany  exceeded the volume from 2024 - Economy Minister
VWFA discusses opportunities to export Armenian wine to JapanVWFA discusses opportunities to export Armenian wine to Japan
Armenia`s 1,000 major taxpayers: trade sector has lion`s shareArmenia`s 1,000 major taxpayers: trade sector has lion`s share
RA State Control Service`s budget to be increased next yearRA State Control Service`s budget to be increased next year
More funds for RA premier`s staff, less for RA presidentia, staff, NA  in 2026More funds for RA premier`s staff, less for RA presidentia, staff, NA  in 2026
ArmSwissBank wins Ipra Golden World Award 2025 in climate change and literacy categoryArmSwissBank wins Ipra Golden World Award 2025 in climate change and literacy category
Underwater cable across Black Sea awaiting European Commission`s  approval Underwater cable across Black Sea awaiting European Commission`s  approval 
Medium-term funding of professional research on certain bills  possible - minister  Medium-term funding of professional research on certain bills  possible - minister 
Public Services Regulatory Commission declined proposal to lower  electricity supply prices - Our Movement coordinator Public Services Regulatory Commission declined proposal to lower  electricity supply prices - Our Movement coordinator 
ANC vice-chairman releases new program proposalANC vice-chairman releases new program proposal
Condominium management rules to be modified in ArmeniaCondominium management rules to be modified in Armenia
Armenian Conference Interpreters Association: A Reliable Platform for Professional CollaborationArmenian Conference Interpreters Association: A Reliable Platform for Professional Collaboration
IDBank - Silver Sponsor of BACEE’s 50th Jubilee International Banking ConferenceIDBank - Silver Sponsor of BACEE’s 50th Jubilee International Banking Conference
Armenia named Europe`s Leading Heritage Destination 2025Armenia named Europe`s Leading Heritage Destination 2025
In 2026, 74.5 billion drams to be allocated  for  Economy Ministry`s   projectsIn 2026, 74.5 billion drams to be allocated  for  Economy Ministry`s   projects
RA Economy Ministry expects GDP per capita to exceed $9,000 by year  endRA Economy Ministry expects GDP per capita to exceed $9,000 by year  end
Khudatyan: Armenia currently discussing subsidy program for  construction of storage plants  Khudatyan: Armenia currently discussing subsidy program for  construction of storage plants 
With complete unblocking of communications, at least two land roads  to open between Armenia and Russia - Economy Minister With complete unblocking of communications, at least two land roads  to open between Armenia and Russia - Economy Minister 
Read more
Exchange rates
31.10.2025
RUB4.73-0.02
USD382.65-0.07
EUR442.76-1.39
GBP502.42-1.81
CAD273.11-1.10
JPY24.83-0.03
CNY53.79-0.02
CHF477.00-1.40


Experts
Expert: Electricity tariff containment in Armenia is only temporaryExpert: Electricity tariff containment in Armenia is only temporary
Political Scientist: Armenia`s withdrawal from  Eurasian Economic  Union (EAEU) to result in its dependence on Azerbaijani and Turkish  marketsPolitical Scientist: Armenia`s withdrawal from  Eurasian Economic  Union (EAEU) to result in its dependence on Azerbaijani and Turkish  markets
Artur Avetisyan: All discussions regarding the choice of a future NPP  model will remain mere talk until there is a vision for strategic  developmentArtur Avetisyan: All discussions regarding the choice of a future NPP  model will remain mere talk until there is a vision for strategic  development
Read more

Commented
ATI.SU: Demand for international cargo transportation 30% up in  ArmeniaATI.SU: Demand for international cargo transportation 30% up in  Armenia
Civil Contract nominates Armen Ktoyan for  Central Bank Board Member  positionCivil Contract nominates Armen Ktoyan for  Central Bank Board Member  position
Armenia, France considering prospects for expanding technological  cooperation  Armenia, France considering prospects for expanding technological  cooperation  

Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2