ArmInfo. ACBA-Credit Agricole Bank, HSBC Bank Armenia and VTB Bank Armenia registered the highest net profits in Jan- June 2011 - 3bln AMD ($8.2mln), 2.8bln AMD ($7.5mln) and 2.6bln AMD ($7.1mln), respectively. According to ArmInfo's Ranking of Commercial Banks of Armenia, the 4th is Ardshin

ArmInfo. In Jan-June 2011 ROE of the banking system of Armenia made up 6.35% - 0.97% more than in Jan-June 2010. ROA made up 1.24% - 0.11% more than a year before. As compared with 2009 ROE grew by 4.48%, ROA - by 0.84%. According to ArmInfo's Ranking of Commercial Banks of Armenia, the gro

ArmInfo. ACBA-Credit Agricole Bank, HSBC Bank Armenia and VTB Bank Armenia registered the highest net profits in Jan- June 2011 - 3bln AMD ($8.2mln), 2.8bln AMD ($7.5mln) and 2.6bln AMD ($7.1mln), respectively. According to ArmInfo's Ranking of Commercial Banks of Armenia, the 4th is Ardshin

ArmInfo. By 1 August of the current year 503 credits at 3.8 bln drams were refinanced within the frames of the state programme "Available house to young families". This sum was 1.7 bln drams at the beginning of the year. The credits on this programme are popular in Yerevan most of all. Thu

Arminfo. In Armenia the monthly demand for the gold ingots of different sizes in Armenia was $4-6 mln at the beginning of summer, but it sharply grew in July, chairman of ARARTBANK Board David Harutyunyan told Arminfo correspondent. "The growth of demand is conditioned by the situation at th

ArmInfo. Over Jan-July 2011 the portfolio of refinanced mortgage loans of the National Mortgage Company (NMC) grew by 34.2%, having reached 13.432 bln AMD by 1 August (1816 loans). According to the official data of NMC, in July the company refinanced 100 mortgage loans worth 691.1 mln AMD.

ArmInfo. By its main financial indices, Ameriabank took the lead among the most universal banks of Armenia in Q2 2011. The Analysis of the Banking System of Armenia by the financial analysis service of the Agency of Rating Marketing Information (ArmInfo) by its own methods has demonstrated that

ArmInfo. The portfolio of the refinanced mortgage loans of the National Mortgage Company (NMC) was up over 27.3% for Jan-Jun 2011 to 12.741 bln drams as of July 1 (1716 loans). By NMC's official data, the company ensures sustainable monthly growth of the loan portfolio. In June the portfoli

ArmInfo. The portfolio of the refinanced mortgage loans of the National Mortgage Company (NMC) was up over 35% for Jan-May 2011 to 12.102 bln drams as of June 1 (1632 loans). By NMC's official data, the company ensures sustainable monthly growth of the loan portfolio. In February the portf

ArmInfo. Ameriabank and ACBA Credit Agricole Bank have shared the leading positions according to the results of analysis of banks. The Analysis of the Armenian Banking System held by the Agency of Rating Marketing Information (ArmInfo), has shown that according to the result of 2010 the first p

ArmInfo. Since 2011 a new system of pension payment via the financial system has been introduced in Armenia. The pensions are paid via the banks and payment-settlement systems operating in the country. The press service of the Central Bank of Armenia told ArmInfo that 15 commercial banks ar

ArmInfo. ARARATBANK has resumed the transactions with small gold bars. Deputy Chairman of Board of ARARATBANK David Haroutyunyan told ArmInfo correspondent that taking into account that Christmas is in the offing and small bars as a gold souvenir will be in big demand, the bank has started imp

ArmInfo. The accumulated profit of the Armenian banking system grew 14.9% for 9 months of 2010 and 4.9% for Q3, whereas comparing to 9 months of 2009 this indicator grew 24,7% and totaled 86.1 billion drams ($238.2 million) on Oct 1 2010. The share of accumulated profit in total capital was ove

ArmInfo. In Jan-Sept 2010 VTB Bank Armenia, HSBC Bank Armenia and ACBA-Credit Agricole Bank showed the biggest net profit in Armenia's banking system - 3.2bln AMD ($8.8mln), 3bln AMD ($8.3mln) and 2.9bln AMD ($8.2mln), respectively. Ameriabank and Armbusinessbank were the 4th and 5th with 2.1

ArmInfo. National Mortgage Company (NMC) refinanced 48 mortgage loans for 363.9 billion drams within August 2010, NMC reported. As of August 25 2010 the company refinanced a total of 921 mortgage loans for 7.2 billion drams. The sole shareholder of the National Mortgage Company Universal

ArmInfo. In Jan-June 2010 as compared with Jan-June 2009 Artsakhbank enlarged its individual deposit portfolio by 47.3% to 7.6bln AMD or $36.6mln. The press service of Artsakhbank reports that in Jan-June 2010 the index grew by 26.87% (1.7bln AMD or $7.3mln), of which 14.49% in Q2 2010. A

ArmInfo. Over Q2 2010 the volume of call and time deposits of individuals in Armenia's commercial banks declined by almost 4% (against almost 7% growth in Q1 2010 and 3,4% growth in Q2 2009), having totaled 347.2 bln AMD ($944.8 mln) by June 30. As compared with Q2 2009, this indicator grew by

ArmInfo. ACBA-Credit Agricle Bank, HSBC Bank Armenia and VTB Bank (Armenia) are top three Armenian banks sorted by the highest net profit for the first half of 2010: 1.9 billion drams ($5.2 million) and 1.8 billion drams ($5 million), and 1.7 billion drams, respectively. Ardshininvestbank and A