HSBC Bank Armenia - 35.4 bln
drams, Ardshininvestbank - 34.7 bln
drams and VTB Bank (Armenia) - 29.4 bln
In particular, zonal traffic declined 10% YoY to 2.8 bln
minutes, while domestic
Total banking assets fell to e1/459.4 bln
in September compared with e1/465.5 bln
in June, while as expected, the value of loans dropped from e1/437 bln
to e1/431 bln
In 2011 ArmenTel CJSC increased its net profit by 5.5% to 5.7 bln
AMD against 5.4 bln
AMD in 2010.
On the bottom line, despite the ruble strengthening and dollar-denominated debts, forex gains were insignificant at RUB125 mln ($4.4 mln), while we expected RUB3.8 bln
. Operating cash flow also decreased by 6% QoQ to RUB21 bln
According to Central Bank of Cyprus data, total NPEs fell from e1/416.6 bln
in June to e1/411.02 bln
marking their lowest level since the 2013 financial crisis.
2012, while trade finance totaled 321.9 bln
drams ($792.4 mln), which a 1.6% decline for Q3 2012.
Weaker ruble to support exports in 4Q11 Another QoQ decrease a[bar] The current account surplus reached $73.6 bln
in 9M11 and was at $17.3 bln
in 3Q11, according to preliminary estimates released by the Central Bank.
The value of Cyprus exports stood at e1/44 bln
in the 10-month period to October, representing an increase of 56% compared to the same period of 2017.
increased by 0.6% to 543.8 bln
AMD or $1.3 bln
(up 17.7% in March 2014 alone).
- Imports rose to $30.2 bln
in August from $27.5 bln
in July ($205.0 bln