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Bank 'ACBA-Credit Agricole' increased general capital by 8.2% H1/07

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  • Bank 'ACBA-Credit Agricole' increased general capital by 8.2% H1/07

    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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