ARKA PUBLISHES ITS RATINGS OF ARMENIA’S BANKS AS OF END OF 4TH Q 2007

ARKA News Agency
Jan 31 2008
Armenia

YEREVAN, January 31. /ARKA/. ARKA information agency published the
ratings of activities of Armenia’s banks as of the end of the 4th
quarter 2007.

The bulletin is made based on unified financial reports of the
banking organizations published in the press, as well as on additional
information provided by the banks.

The bulletin "indicators of activities of Armenian banks" contains
80 pages of tabular information on banking indicators and has the
following 10 main sections describing the banking system: 1. Main
characteristics of banks, 2. Assets, 3. Obligations, 4. Active and
passive transactions of banks with non-residents, 5. Capital, 6.

Profit/Losses, 7. Information about financial flows, 8. Level of
capitalization and liquidity, 9. Standard risk indicators and 10.

Indicators of banks’ profitability and yield.

The information in the bulletin provides the general picture of the
financial state of Armenia’s banks and gives an opportunity to make
comparative analysis of their activities.

ARKA information agency has operated since May 1 1996 and specializes
in financial, economic and political information. The agency has issued
its quarterly bulletin "Indicators of the activities of Armenian banks"
since 1999 and "Crediting organizations of Armenia" quarterly bulleting
since March 2005.

Since May 2006 ARKA agency has issued "Financial indicators of banks"
as per the data of annual independent audits.