Mid-market rate of Armenian dram to us dollar is 371.35 for $1 on September 29, 2011

Insurance market of Armenia is in embryonic state

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams