ARKA NEWS AGENCY PUBLISHES BULLETIN "FINANCIAL INDICATORS OF ARMENIAN BANKS IN 2006"
29.05.2007,
20:29
ARKA News Agency published the second issue of the annual bulletin "Financial Indicators of Armenian Banks in 2006" (based on independent audit results), first presented in May 2006.
YEREVAN. May 29. /ARKA/. ARKA News Agency published the second issue of the annual bulletin "Financial Indicators of Armenian Banks in 2006" (based on independent audit results), first presented in May 2006. The bulletin is compiled on the basis of official financial reports of banks and published once a year upon completion of independent audit check-ups in banks and publication of these check-ups' results in the press.
The bulletin's structure has sections presenting both basic financial indicators of each bank separately (table 21 for each bank and one summary table for the entire system), and comparative tables on banks (rankings on separate indicators of activity)
Unlike interim quarterly financial reports of banks, annual reports, approved by independent auditors and accepted by bank shareholders, reflect the final information on accounting balance, reports on financial results, funds floatation, and change in the own capital of banks, which are corrected and approved by auditors.
ARKA News Agency works since May 1, 1996, and specializes in providing financial, economic, and political information.
Since 1999 ARKA News Agency publishes the quarterly bulletin "Basic Indicators of Armenian Banks, since March 2005 - quarterly bulletin "Credit Organizations of Armenia", and since May 2006 - "Financial Indicators of Armenian Banks" based on annual independent audit check-ups. R.O. -0—
The bulletin's structure has sections presenting both basic financial indicators of each bank separately (table 21 for each bank and one summary table for the entire system), and comparative tables on banks (rankings on separate indicators of activity)
Unlike interim quarterly financial reports of banks, annual reports, approved by independent auditors and accepted by bank shareholders, reflect the final information on accounting balance, reports on financial results, funds floatation, and change in the own capital of banks, which are corrected and approved by auditors.
ARKA News Agency works since May 1, 1996, and specializes in providing financial, economic, and political information.
Since 1999 ARKA News Agency publishes the quarterly bulletin "Basic Indicators of Armenian Banks, since March 2005 - quarterly bulletin "Credit Organizations of Armenia", and since May 2006 - "Financial Indicators of Armenian Banks" based on annual independent audit check-ups. R.O. -0—
