Thursday, April 29 2021, 19:33
ArmInfo. In Armenia, health insurance fees approached stagnation in the first quarter of 2021, narrowing the annual growth rate from 8.2% to 1.1%, to a volume of
7.4 billion drams ($13.8 million).
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Wednesday, March 10 2021, 11:51
ArmInfo.In Armenia's banking system, the growth of non-performing loans (NPL) accelerated significantly in 2020, despite regulatory "concessions" in terms of shifting part of the burden of non-performing loans to 2021.
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Saturday, February 27 2021, 14:49
ArmInfo.At the end of 2020, premiums in the insurance market of Armenia turned their annual dynamics from 19.1% growth to 2.6% decline, which was also observed
along the trend of indemnities - from 17% growth to 13.2% decline.
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Wednesday, December 9 2020, 18:07
ArmInfo. The portfolio of non performing loans of the Armenian banking system (NPL) may slightly increase in connection with the latest events of the current
year, but this should cause concern. A similar opinion was announced
by the founder of the Banking Management School Ashot Osipyan during
a zoom conference organized by the Economic Journalists Club on
December 9.
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Friday, November 27 2020, 15:56
ArmInfo. The growth of non-performing loans accelerated in the banking system of Armenia. Thus, the share of NPL in the loan portfolio increased in Q3 from
8.3% to 9%, and in assets it reached 6.1%, against 9% and 5.9%,
respectively, recorded a year earlier.
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Friday, October 30 2020, 10:37
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Friday, October 30 2020, 10:35
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Monday, August 31 2020, 20:42
ArmInfo.Armenian Evocabank, through the issue of shares in the amount of 2.050 billion AMD, replenished the authorized capital, bringing it to 20 billion AMD ($
41.1 million). Thus, the bank has increased the regulatory total
capital to almost 38 billion AMD ($ 78 million). This, according to
AmRating analysts, significantly strengthened the bank's leading
positions in terms of capital adequacy.
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Monday, August 31 2020, 19:02
ArmInfo. The level of dollarization of the loan and deposit portfolios of Armenian banks continues to decline due to the active participation of the financial sector in the implementation of state programs to support the economy, including in the fight against the consequences of the coronavirus crisis.
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Tuesday, August 18 2020, 17:35
ArmInfo.Despite the imbalances and risks that create some additional difficulties, Armenia's banking system in the presence of a significant capital adequacy buffer and excessive liquidity, will continue to function stably in the medium term under any scenarios of the development of the coronavirus crisis.
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Thursday, August 13 2020, 16:02
ArmInfo.The growth of non-performing loans resumed in the banking system of Armenia. Thus, the share of NPL in the loan portfolio changed in Q2 from 8% to 8.3%,
and in assets from 5.2% to 6.3%, against 9.2% and 5.9%, respectively,
recorded a year earlier. This was observed against the backdrop of
accelerating y-o-y growth in loan investments from 11% to 19% and a
slowdown in asset growth from 17% to 14%, with strongly weakened
quarterly growth in both cases.
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Friday, July 31 2020, 18:57
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Monday, July 13 2020, 17:10
ArmInfo. Rating-Agentur Expert RA confirmed the
sovereign government credit rating (SGC) of Armenia at 'BB-'
(Sufficient level of creditworthiness of the government) in national
currency and at 'BB-' (Sufficient level of creditworthiness of the
government) in foreign currency, this is stated in the official press
release of the Armenia credit ratings sovereign.
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Thursday, June 11 2020, 21:27
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Monday, May 25 2020, 20:16
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Thursday, May 21 2020, 18:24
ArmInfo.For the first quarter of 2020, Armenian insurers reimbursed 6.4 billion drams or $ 12.7 million for different classes (the figures are given from the reports of UK portfolios according to the standards of the CBA). Annual growth in insurance claims accelerated from 4.3% to 7.1%.
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Thursday, May 21 2020, 14:38
ArmInfo.In the Q1 of 2020, premiums of Armenian insurance companies decrease due to the outbreak of the coronavirus pandemic. According to the Financial Rating of Armenian Insurance Companies prepared by ArmInfo IC, premiums fell by 4.2% y-o-y against 17.6% last year. The decrease in the volume of collected premiums was accompanied by a significant slowdown in the
growth of insurance payments - up to 5.8% compared to last year's
13.3%.
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Wednesday, May 20 2020, 20:24
ArmInfo. The assets of the banking system of Armenia slowed down annual growth from 16.1% to 15.3%, amounting to 5.9 trillion drams ($ 11.7 billion) as of April 1, 2020. According to the Express-Ranking of Banks of Armenia, prepared by ArmInfo IC, in their structure credit investments and other loans reached 3.8 trillion drams ($ 7.5 billion), with annual growth accelerating from 16.2% to 20.4%.
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Wednesday, May 20 2020, 20:19
ArmInfo. The banking system of Armenia increased its net profit in the first quarter of 2020 by 40% per annum to 23.3 billion drams ($ 46.3 million), while a year earlier a subsidence of 17.4% was recorded.
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Friday, March 13 2020, 17:28
ArmInfo. In 2019, the NPL level in the total loan portfolio of Armenian banks decreased from 9.5% to 8%, and in assets from 6.2% to 5.1%. At the same time, the volume of overdue loans for the reporting year remained almost unchanged, while the amount of healthy (standard) loans began to grow more slowly. In their structure, over 62% are non-performing and doubtful loans groups, and the dominant of the latter does not decrease.
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