CONVERSE BANK, ACBA-CREDIT AGRICOLE, ARARATBANK, ARDSHININVESTBANK, ARMECONOMBANK ARE LEADERS OF ARKA’S 4TH QUARTERLY PRESS-RATING
ARKA
March 13, 2008
YEREVAN, March 13. /ARKA/. The Converse Bank, ACBA-Credit Agricole
Bank, Araratbank, Ardshininvestbank and Armeconombank are the top
five leaders of ARKA’s fourth quarterly press-rating in 2007.
The Armenian press was active in covering activities of Armenian
banks in October-December 2007 (214.4% increase compared with the
corresponding period in 2006). The share of negative press-signals
was 3.4% in 2007 against 4.4% in the reporting period.
The increase of information on the following headings was as follows:
General (from 38.7% to 49.8%), Banking Activities in Figures
(15.5%-17%), Customers and Service (3.7%-5.1%), Banks’ Economic
Forecasts and Opinions (5.9%-6.5%).
The share of the heading Bank Development Policy decreased from 26.2%
to 21.6% in the period under review.
In general, information on banks increased in the fourth quarterly
period of 2007.
In the reporting period, the ACBA-Credit Agricole Bank was the
leader on two out of five main headings: General (with 104.96 index),
Customers and Service (with 40.96 index). The Converse Bank was the
most active in reporting information about the Bank Development Policy
(with 251.16 index) and Banks’ Economic Forecasts and Opinions (with
23.04 index).
The Ardshininvestbank ranked first in covering information about the
Banking Activities in Figures (with 99.97 index).
Six banks covered information on the above-mentioned headings in the
fourth quarterly period of 2007 against five banks in the corresponding
period in 2006.
The press-rating of the ARKA News Agency is based on the
financial-economic indicators of Armenian banks and media coverage
of banking activities. ARKA believes the more active is the press
coverage of the banks, the more effective are banking activities.
The subject of the ARKA News Agency’s analysis is the actual
information on banks, not advertisement.
For a more detailed analysis of banking activities in the fourth
quarterly period of 2007, read the Press-Rating of Banks, Issue #09
(36).