YEREVAN. – The net profit of Armenia’s banking system made up Armenian drams equivalent to approximately $30 million in the first half 2013.  

The annual profitability is 1 percent, in line with assets, and 6 percent, in line with capitals. 

The Central Bank of Armenia informs the aforesaid, and based on oversight reports.

In addition, nineteen banks in Armenia operated with profits, whereas three banks, with losses.     

Also, the commercial banks of the country secured a gross income in drams equivalent to about $680 million, and made gross expenditures in drams equivalent to roughly $640 million.