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USD: 379.07 RUB: 4.99 EUR: 444.84 GEL: 140.80 GBP: 512.73

BTA Bank (Armenia) begins issuing free plastic cards to Armenian pensioners

YEREVAN, February 10, /ARKA/. BTA Bank (Armenia) said today it has begun issuing free plastic cards to Armenian pensioners. Under an agreement signed with the labor and social security ministry, the bank will be paying pensions to senior citizens.

As of December 31, 2010 BTA Bank’s total capital stood at 5.2 billion Drams, assets at 8.2 billion Drams and liabilities at 3 billion Drams. Some 48.9% in BTA Bank Armenia is owned by BTA Bank, headquartered in Kazakhstan, 31.1% is owned by Austrian

ZRL Beteilingungs, 16.3% – by Mobilex Energy Ltd (Kazakhstan) and 3.7% by AMK Invest company. -0-

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro, U.S. dollar, and Russian ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram as of January 19, 2026, fell by 1.1 points compared to January 16, to 378.89 drams.

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

Armenian banks maintain capital and liquidity buffers, dollarization declines – Fitch

Armenian banks maintain strong capital and liquidity buffers, and profitability remains high despite the normalization of extraordinary financial inflows from Russia, according to a report by the international rating agency Fitch Ratings.

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