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THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA P R O C E D U R E for Creation of Information System of Creditworthiness of Clients of Banks, Credit Organizations, Branches of Foreign Banks operating
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p r o c stands for Public Report of Condition, it is a document that must be filed by financial institutions to regulators.
Banks and other financial institutions are required to file p r o c.
p r o c can be filled out electronically through the regulatory agency's online portal.
The purpose of p r o c is to provide regulators with a snapshot of a financial institution's financial condition.
p r o c includes information on a bank's balance sheet, income statement, loan portfolio, and other key financial metrics.
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