ANOTHER ISSUE OF ARKA NEWS AGENCY’S "ARMENIAN CREDIT ORGANIZATIONS" BULLETIN RELEASED

Arka News Agency, Armenia
Nov 6 2006

YEREVAN, November 6. /ARKA/. ARKA News Agency has released another
issue of its regular financial-economic bulletin "Armenian Credit
Organizations" for the third quarter of 2006. The bulletin is based
on credit organizations’ reports published in the press.

The bulletin consists of about 25 pages with tables on them
and contains 12 key sections: 1. General description of credit
organizations; 2. Assets; 3. Liabilities; 4. Capital; 5. Profit/Losses;
6. Information about cash flows; 7. Normative indices of credit
organizations’ activities; 8. Capitalization indices; 9. Profitability
indicators; 10. Aggregate indicators of credit organizations’
activities; 11. Aggregate indicators of credit organizations’
effectiveness; 12. Services provided by credit organizations.

The information shows the current state of credit organizations and
contains figures for comparative analysis of their activities.

The product also contains technical and methodological comments on
the tables.

ARKA News Agency started functioning on May 1, 1996. The news agency
focuses on financial, economic and political information. From 1999
ARKA issues quarterly bulletin "Financial Indicators of Armenian
Banks", from 2005 -quarterly bulletin "Armenian Credit Organizations"
and from May 2006 "Banks’ Financial Indices" based on annual
independent audits.