Bank ‘ACBA-Credit Agricole’ increased its general capital by 8,2% up to
$58 mln over the first quarter of 2007
arminfo
2007-07-06 17:55:00
Bank increased its general capital by 8,2% up to $58 mln over the first
quarter of 2007, and by 2,5 times as compared with the same period of
2006, ensuring this indicator by 1 July at the level of 19.781 bln
drams or $58 mln. As Arminfo was informed from bank, assets of the bank
grew by 52,4% over a year, and by 11,4% over the current halfyear,
reaching to 58.728 bln drams or $172.2 mln by July 1.
The source also says obligations of the bank increased by 14,9% over
the first six months of the current year, and by 30,3% reaching 39,6
bln drams or $116,3 mln as compared to the same period of 2006.
According to the data of Ranking of commerce banks of Armenia, prepared
by ARMINFO, assets of bank amounted to $157.6 mln (third place in the
bank system of the country) by April 1, 2007, obligations – $105.6 ¬« –
(4th place), general capital – $52 mln (1st place).
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