Sun, 17 August
25.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenian credit organizations’ total capital reaches amd 41.4 billion in late march

YEREVAN, May 3. /ARKA/. Armenian credit organizations’ total capital grew 15.4% over the first quarter of this year to AMD 41.4 billion, the Central Bank of Armenia says in its brief quarterly review of credit organizations’ activities.

Credit organizations’ authorized capital reached AMD 28.3 billion after growing by 9.3% over the quarter.

Nonresidents had AMD 9.1 billion in Armenian credit organizations’ capital in the first quarter. This is 1.02% less than in the previous quarter.

The main reserve in credit organizations’ capital amounted to AMD 555.3 million, and undistributed profits accumulated in the capital account totaled AMD 4.94 billion in late March 2011 against AMD 4.2 billion in late December 2010.

Some 31 registered credit organizations operate in Armenia. ($1 = AMD 371.82).-0-

spot_img

POPULAR

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.

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

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.

LATEST NEWS

spot_imgspot_imgspot_img