Wed, 10 September
17.1 C
Yerevan
USD: 382.95 RUB: 4.60 EUR: 450.04 GEL: 142.25 GBP: 519.82

Central Bank total assets slash by 10.3% in 2010 to 924.6 billion drams: report

YEREVAN, May 2. / ARKA /. The Central Bank of Armenia said its total assets slashed by 10.3% or 106 billion Drams in 2010 to 924.6 billion Drams.

According to CBA’s financial report for 2010, its foreign currency assets contracted in January-December 2010 by 9.5% or 20.4 billion Drams (denominated in Armenian national currency) to 194.1 billion Drams. The CBA’s fixed assets were said to have grown by 66.9% by the end of the year, to a total of 26.3 billion Drams.

According to the report, foreign currency assets accounted for 79% of all assets of Central Bank standing at 730.5 billion Drams, by 85.6 billion Drams less from the same period of time in 2009.

At that foreign currency assets, kept until extinction date, grew by 280% or 70.5 billion Drams to 95.6 billion Drams. The report also shows that Central Bank’s liabilities fell by 5.4% to 946. 4 billion Drams and its own capital contracted by 58% to 21. 8 billion Drams ($1 – 370.27 Drams). -0-

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

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.

Market capitalization in August increased by 41.4% year-on-year to 460 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for August 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img