Armenian Central Bank said its net internal assets grow by 5.3 percent in 2011 August

YEREVAN, October 3. / ARKA /. Armenian Central Bank said its net internal assets in 2011 August amounted to some 107.5 billion drams, having increased by 5.3% in comparison with July.

According to the regulator’s report on its aggregated indicators, its obligations to the government decreased by 1.6% and amounted to minus 100.1 billion drams; its obligations to commercial banks increased by 3.5% at the end of August to 92.3 billion drams; other obligations grew by 0.6% amounting to more than 115.3 billion drams.

According to the report, Armenia’s net international reserves in August amounted to about 475.9 billion drams, having increased by 11.1% in comparison with July, while the monetary base amounted to about 583.4 billion drams, having increased by 9.9% from July ($1-372,05 AMD). -0-

spot_img

POPULAR

Armenian dram weakened against the dollar and strengthened against the euro and ruble: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 24, 2026, increased by 0.22 points to 365.38 drams compared to August 21.

Armenia’s bank rates are responding slowly to the Central Bank’s rate cut, regulator 

Interest rates in Armenia's banking system are adjusting slowly, despite the reduction in the monetary policy rate and short-term market rates.

“Unisport” Competes in the UEFA Futsal Champions League

Unisport Futsal Club, established with the sponsorship of Unibank, will host UEFA Futsal Champions League 2026/27 preliminary round matches in Yerevan on August 26, 27 and 29.

Record growth of Armenia’s reserves to $6.9 billion in June provided a buffer amid heightened geopolitical risks – S&P

Armenia's international reserves increased by approximately 40% year-on-year to a record $6.9 billion in June 2026, helping to strengthen the country's external reserves despite heightened geopolitical risks, according to a report by international rating agency S&P Global Ratings.

An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank

The success story of board games created by David Hovhannisyan began in a small garage near his home. David and his friends created educational games during their student years; as the number of orders grew, they decided to expand the business.

LATEST NEWS

spot_imgspot_imgspot_img