Mon, 28 April
11.1 C
Yerevan
USD: 390.33 RUB: 4.73 EUR: 443.14 GEL: 142.02 GBP: 519.57
spot_img

Aggregate volume of Armenian credit organizations’ liabilities in q4, 2009 drop by 5.4%

YEREVAN, January 26, /ARKA/. The aggregate volume of Armenian credit organizations’ liabilities in Q4, 2009 dropped by 5.4% to 49.6 billion Drams, the Central Bank of Armenia said in its quarterly review of Armenian credit organizations performance.

According to the Central Bank, credit organizations’ liabilities towards banks and other financial organizations contracted by 16% in Q4 to 31.9 billion Drams. At the end of 2009 time liabilities towards individuals reduced by 0.5% to 2.3 billion Drams. The volume of time liabilities to legal entities, including liabilities towards the government, rose by 40.5% to 13 billion Drams.

Call liabilities rose from 140.9 million Drams from the beginning of Q4 to 147.4 million Drams at the end of the quarter. Other liabilities fell by 19.5% to 1.5 billion Drams. The volume of accrued interests dropped by 14.6% to 612.3 million Drams. At the end of 2009 there were 27 registered credit organizations in Armenia with 55 branches. ($1 – 377.81 Drams). -0-

spot_img

POPULAR

“Bear market’: sale of crypto-assets or the right time to buy

According to many news reports, cryptocurrencies are experiencing now a "troubled" time and might not survive in this massive bear market

Russian president gives Yerevan-based Balchug Capital permission to buy Gazprom, Inter RAO, and LUKOIL shares from Goldman Sachs

Goldman Sachs International will be able to sell minority stakes in a number of Russian blue chips to Balchug Capital CJSC, the same company that received permission from Russian authorities to buy the local banking unit of the American financial group.

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Insurance premiums in Armenia in Q2, 2023 amounted to AMD 17.7 bln.

Insurance premiums in Armenia amounted to over 17.7 bln drams in Q2, 2023, according to the National Statistical Committee

Euro exchange rate sharply up 1.9 points to AMD 445.1

The average market exchange rate of the U.S. dollar to the Armenian dram on April 14, 2025, decreased by 0.15 points to AMD 390.92 compared to April 11.

LATEST NEWS

spot_imgspot_imgspot_img