ARKA AGENCY PUBLISHES ITS BULLETIN ON CREDIT ORGANIZATIONS OF ARMENIA FOR Q3 2008
ARKA
Nov 3, 2008
YEREVAN, November 3. /ARKA/. ARKA Agency has published the next
issue of its quarterly financial and economic bulletin – "Credit
organizations of Armenia" – for the third quarter of this year.
The bulletin is compiled based on financial reports of credit
organizations published in the press. It consists of about 35 pages on
various indicators of performance of credit organizations in tabular
form and has 12 main chapters – 1. General description of credit
organizations, 2. Assets, 3.
Liabilities, 4. Capital, 5. Profit/Losses, 6. Money flow information,
7.
performance standards for credit organizations, 8. Capitalization
indicators, 9.
profitability and income, 10. Composite indicators of credit
organizations (summary), 11. Composite efficiency indicators of credit
organizations and 12. Basic services provided by credit organizations.
The information the bulletin contains provides a view of the financial
state of Armenia’s credit organizations and an opportunity to make
comparative analysis of their performance. The bulletin also contains
technical and methodological explanations on the tables.
The ARKA News Agency founded on May 1 1996 specializes in financial,
economic and political information. ARKA started publishing quarterly
bulletin "Basic indicators of Armenian banks" in 1999, the bulletin
"Credit organizations of Armenia" in March 2005 and the quarterly
bulletin "Financial indicators of banks" in May 2006. The bulletins
are made based on independent annual audits.