ARKA news agency publishes “Indicators of activitiy of Armenian banks” bulletin by Q4

YEREVAN, February 12. /ARKA/. ARKA News Agency published next quarterly bulletin “Indicators of activity of Armenian banks” by forth quarter of 2008.

The bulletin is based on unified financial reports of banking organizations published in the press, as well as on additional information given by banks.

The bulletin consists of 80 pages of tabular material on banking indicators and has ten main sections describing banking system: 1. General description of banks. 2. Assets. 3. Liabilities. 4. Active and Passive Operations of Banks with Non-Residents. 5. Capital. 6. Profits/Losses. 7. Information on Cash Flow. 8. Liquidity and Capitalization Ratio. 9. Normative Indicators of Risk. 10. Profit and Earnings Yields of Banks.

The information contained in the book, makes it possible to provide an overall picture of the financial condition of banks and carry out a comparative analysis of their activities.

ARKA Agency operates from May 1, 1996, and specializes in financial, economic and political information. The agency issues a quarterly bulletin, "The Main Indicators of Armenia’s Banks” since 1999, a quarterly bulletin, "Lending Agencies of Armenia”, since March, 2005, "Financial Indicators of Banks" since May 2006, “Indicators of Insurance Companies” since July 2008. G. S. –0--