Thu, 1 January
-2.9 C
Yerevan
USD: 381.36 RUB: 4.87 EUR: 449.01 GEL: 141.54 GBP: 515.60

Retained earnings of the banks of Armenia in January-July increased by about 39.7% reaching 19.6 billion drams

YEREVAN. September 28. /ARKA/. Retained earnings of the banks of Armenia in January-July 2011 were about 19.6 billion drams increased by 39.7% compared to the same period of 2010, states the official site of the Central Bank of Armenia.

According to the report, total assets of the banking system of Armenia in July increased by 0.4% compared to June making over 1 766 billion drams. Total liabilities of the banks were increased by 0.5% in July, making over 1 426.3 billion drams.

Total balance capital of the banking system of Armenia remained on the same level – 339.7 billion drams.

As of July 31, 201, there were 21 commercial banks in Armenia. ($1 – 370.75 drams). –0–

spot_img

POPULAR

IMF Ready to Assist Central Bank of Armenia in Regulating Stablecoin Transactions

The IMF plans to assist the Central Bank of Armenia in its efforts to strengthen financial system oversight and modernize the payment system, including introducing regulation of stablecoin transactions in accordance with the recently adopted Law on Cryptoassets.

Universal cashback on non-cash payments with ArCa cards is being introduced in Armenia

At a meeting on Thursday, the Armenian government approved measures and procedures for providing cashback on non-cash payments made by individuals through the Armenian Card (ArCa) national payment system.

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.

Euro, dollar, and ruble rise against Armenian dram

The average market exchange rate of  the US dollar against the Armenian dram on December 25, 2025, rose 0.05 points compared to December 24, reaching 381.51 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img