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How Much Assets Do Armenian Companies Have Abroad?

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  • 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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