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General capital of banks grows | ARMENPRESS Armenian News Agency 12:42, 19 May, 2021 YEREVAN, MAY 19, ARMENPRESS. The general capital of Armenia’s banking system grew 1,8% or 17 billion drams in 2021’s Q1 compared to the previous year’s same period, the Executive Director of the Union of Banks of Armenia Seyran Sargsyan said at a press conference. “We attach importance to the banking capital’s indicators, because they ensure the system’s stability, ability to withstand stresses and contribute to the expansion and development of the banks’ activities,” he said, adding that the capital grew as a result of the profit which the banks accumulated throughout years and investments made by the owners.

Stepan kocharyanUnion of banks armenia seyran sargsyanExecutive directorArmenia seyran sargsyanநிர்வாகி இயக்குனர்