ASSETS OF CENTRAL BANK OF ARMENIA REDUCE 0.75% TO AMD 579.2 BILLLION
ARKA
Aug 25, 2008
YEREVAN, August 25. /ARKA/. The assets of the Central Bank of Armenia
totaled AMD 579.2 billion by late June after reducing 0.75% over six
months, the Central Bank’s report for the 2nd Q 2008 says.
According to the report, assets in foreign currency made 82.67%
of total assets against 84.79% earlier this year.
The bank’s assets in foreign currency reduced 3.23% or by the amount
equal to about AMD 16 billion and totaled about AMD 478.8 billion by
late June.
Foreign banks’ liabilities toward the Central Bank reached about
AMD 185 billion after growing 13.38% or by AMD 21.8 billion over the
second quarter.
Foreign currency assets placed in IMF totaled 4.4 billion against
2.3 billion in early April.
The foreign currency assets intended for sale remained unchanged –
AMD 1 million 216 thousand.
The Central Bank’s investments in financial instruments totaled AMD
288.6 billion by late June against AMD 328.6 billion in early April.
Cash in foreign currency was AMD 374.2 million against 383.1 million
in early April.
The Central Bank’s other assets in foreign currency reached AMD 550.2
million by late June after growing 81.42%.
Assets in Armenian drams amounted to AMD 100.3 billion against AMD
88.8 billion earlier that quarter.
They grew 13.08% in the second quarter.
According to balance data, credit investments and agreements on return
REPO reached AMD 42.2 billion by late June after growing 38.07%.
The Central Bank’s investments in assets available for sale totaled
AMD 48.6 billion against 48.9 billion.
Fixed assets and non-material assets totaled AMD 8.7 billion.
Other assets in drams shrank from AMD 1.2 billion to AMD 898
million. ($1 = AMD 303.44).