THE RATING OF COMMERCIAL BANKS IN 4TH QUARTER OF 2000 IS PUBLISHED IN YEREVAN

YEREVAN, March 15. /Mediamax/. The “SM-Rating” rating service of the Armenian Sed Marsed consulting company has published today the rating of the Armenian banks, summing up the fourth quarter of 2000.
Category “A1” of the first group “A” includes Armeconombank, Mellat Bank, HSBC Bank Armenia, Armenian Development Bank, and Prometheus Bank.
Category “A2” of the first group “A” includes Armagrobank, Credit-Yerevan Bank, Armimpexbank, and Ardshinbank.
Category “A3” of the first group “A” includes Agricultural Cooperative Bank of Armenia, Artsakhbank, and Black Sea International Commercial Bank.
Category “B1” of the second group “B” includes Trustbank, Armcommunication Bank.
Category “B2” of the second group “B” includes Credit-Service Bank, Inecobank, Lendbank, Areximbank, Anelik Bank, Arminvestbank, Gladzor Bank, Akunk Bank, and Armcollection.
Category “B3” of the second group “B” includes Econominvestbank, Adana Bank, and International Investment Bank.
The press release of “SM-Ratings” reads that the following factors were taken into consideration while making up the rating: safety margin and financial balance, activity and the volume of investments in the real sector, profitability and efficiency. –0–