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Daily Archives: Nov 13, 2017

Armenian banks’ salary fund grew by 6.4% in 9 months

Banks
In the first three quarters of 2017 Armenia-based commercial banks’ expenses on wages increased by 6.4% from the year before to 43.2 billion drams

Around $71.3 million bought by Armenian banks last week

Banks
Armenia’s commercial banks bought around $71.3 million from the local foreign currency market on November 6 to 10 at the average weighted exchange rate of 485.33 drams per one USD, the Central Bank of Armenia reported on Monday

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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