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ARKA News Agency publishes bulletin of Armenia’s credit organizations for Jan-Mar 2008

14.05.2008, 15:41
The ARKA News Agency has published the Financial-Economic Bulletin of The Credit Organizations of Armenia for the first quarter (Q1) of 2008.
YEREVAN, May 13. /ARKA/. The ARKA News Agency has published the Financial-Economic Bulletin of The Credit Organizations of Armenia for the first quarter (Q1) of 2008.

The bases for the quarterly product are officially published statements of credit organizations (CO).

The bulletin includes 35 pages of table contents on various financial activities of CO. The product consists of 12 parts. These are: 1. General Description of CO, 2. Assets, 3. Liabilities, 4. Capital, 5. Profit/Loss, 6. Cash Flow Statement for Q1 2008, 7. Normative Indicators of CO Activities, 8. Capitalization Ratio, 9. Profitability and Yield Ratio, 10. Aggregates of Activity and Efficiency of CO, 12. Major Services of CO.

The bulleting gives the general picture of financial condition of credit organizations and analyze their activities. The product also includes technical and methodological comments on the tables.

Established on May 1, 1996, the ARKA News Agency provides information on financial, economic and political activities. The agency has been issuing the Basic Indicators of Banks of Armenia quarterly bulletin since 1999 and the Credit Organizations of Armenia quarterly bulletin since March 2005. ARKA has also been publishing the Financial Activity Indicators of Banks on the basis of free annual audits.–0—