Thu, 21 August
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Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenian central bank approves new version of Ameriabank’s

YEREVAN, June 29. /ARKA/. The Central Bank of Armenia has approved a new version of Ameriabank’s charter and voided Cascade Bank CJSC’s license because of the merger of these two banks, the central bank’s press office reported on Monday.

The regulator registered the merger of Ameriabank and Cascade Bank on June 18. -0—

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Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Euro exchange rate down by 1.04 points to AMD 445.6

The average market exchange rate of the US dollar to the Armenian Dram as of August 12, 2025, upped by 0.23 points compared to August 11 and amounted to AMD 383.81.

Euro increases by 0.29 points to AMD 446.64

The average market exchange rate of the US dollar to the Armenian Dram as of August 11, 2025, decreased by 0.01 points compared to August 8 and amounted to AMD 383.58.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

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