YEREVAN. – Combined assets of Armenian banks as of June 1, 2013, are over $6.3 billion (AMD 2.6 trillion), statistical bulletin of the Central Bank of Armenia informs.

At the same time, combined assets of Armenia’s commercial banks come to 65% of country’s GDP. Thus, Armenia is third among the post-Soviet states on the ‘bank assets/GDP’ index (after Ukraine with over 80% index and Russia with 75% index). Among other South Caucasian states, in Georgia this index equals to 60% of GDP, in Azerbaijan – 30%.

In developed European states bank assets significantly surpass the GDP, for example, bank assets surpass GDP four times in Germany, five times in Switzerland, and six times in UK.