In 2009 Armenian banks invested 87.6 billion drams in state bonds

YEREVAN, March 15. /ARKA/. In 2009 Armenian banks invested 87.6 billion drams in state bonds which is by 0.8% more than the indicator at the beginning of forth quarter.

Weighted average of investments in state securities by total assets was 6.5% versus 6.9% at the beginning of forth quarter of 2009. Total portfolio of all securities as of December 31 was 90.9 billion drams, from which 96.4% were state securities.

By the volume of investments in securities was leading “Armswissbank” – 13.8 billion drams, from which about 13 billion drams or 93.9% made state bonds. At the same time, 6.1% of securities portfolio of the bank or 844.9 million drams was non-state securities. By the results of forth quarter of 2009 percent income of “Armswissbank” from investments in debt securities was 1.1 billion drams or 45.1% of total percent income. The next is Ardshininvestbank (10.8 billion drams), investments of which in state securities was 99.79% and in non-state securities – 21%. In 2009 percent income of the Bank from investments in debt securities was 398.4 million drams or 3.4% from total percent income. Leaders are also HSBC Bank Armenia – 9.2 billion drams (from which 99.65% makes state securities and 0.35% – non-state), Bank VTB (Armenia) – 9.1 billion drams (96.4% and 3.6% accordingly) and Ameriabank – 7.2 billion drams (97.95% and 2.05%).

As of December 31, 22 banks with 382 branches were operating in Armenia. ($1 – 392.62 drams). –0—

spot_img

POPULAR

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

Sona Ishkhanyan elected Chairperson of Acba Bank Board

Sona Ishkhanyan has been elected as Chair of the Acba Bank Board.  

A new law on payment services is being developed in Armenia – Deputy Governor of Central Bank

A new law on payment services is being developed in Armenia, taking into account modern trends in financial technology development, said Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan.

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

Euro, USD and ruble drop  against Armenian dram

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 28, 2026, decreased by 0.16 points compared to April 27, to 371.4 drams.

LATEST NEWS

spot_imgspot_imgspot_img