How Much Assets Do Armenian Companies Have Abroad?

HOW MUCH ASSETS DO ARMENIAN COMPANIES HAVE ABROAD?

news.am
August 29, 2012 | 05:18

YEREVAN. – As of the end of 2011, Armenian companies have possessions
worth $4.8 billion abroad, the National Statistical Service informs.

These assets have increased by $500 million as compared with 2010.

Armenia’s foreign resources were worth $3.1 billion in pre-crisis 2008.

>From these belongings, $163 million are investments and $250 million
are credits. The greatest portion of these assets, however, are funds
totaling $2.3 billion. At the same time, Armenia’s funds being kept
abroad increase by an annual average of $400 million. This indicator
also shows the amount of capital outflow.

From: Baghdasarian

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