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

Cube Invest is the first investment company in Armenia to issue bonds worth 5 billion drams: Cube Invest’s CEO

Cube Invest has become the first investment company in Armenia to issue bonds on the local market, announced Cube Invest CEO Mikael Margaryan.

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.06 points on September 8, 2026, compared to September 7, to 363.64 drams.

Armenia calls on Visa to reduce fees for cashless payments through POS terminals

RA Deputy Prime Minister Mher Grigoryan called on the international payment system Visa to discuss the possibility of reducing fees charged for cashless payments through POS terminals in Armenia.

Central Bank of Armenia puts into circulation a commemorative silver coin for the 35th anniversary of the Republic

The Central Bank of Armenia will put into circulation a silver commemorative coin, "35th Anniversary of the Republic of Armenia," on September 14, 2026, the regulator's press service reported.

Cube Invest contributes to the development of Armenian investment market

At the initiative of leading investment company Cube Invest, the first-ever "INVESTMENT PERSPECTIVES 2026" conference was held, bringing together leading financial and banking experts, high-ranking representatives of government agencies and organizations, investors, and entrepreneurs.

LATEST NEWS

spot_imgspot_imgspot_img