Tue, 16 September
17.1 C
Yerevan
USD: 383.12 RUB: 4.62 EUR: 450.36 GEL: 141.63 GBP: 521.31

Net Internal Assets Of CB, Banks And Crediting Organizations Grow By 3.7% In August

YEREVAN, October 7. / ARKA /. Armenia’s Central Bank (CB) said in a statement posted on its official website that its net internal assets as well as net internal assets of commercial banks and crediting organizations grew by 3.7% in August compared to July, to 934.8 billion drams.

It said also their total monetary aggregates in August grew by 0.5% from July to 1.016.9 trillion drams.

According to the Central Bank statement, deposits in foreign currency grew by 1% from July to 432.1 billion drams, the amount of available cash also grew by 1% to 320.8 billion drams, call deposits dropped by 3.5% to 140.5 billion drams while time deposits grew by 3% to 123.5 billion drams.

There are 21 commercial banks and 31 crediting organizations in Armenia. ($1 – 374.89 drams). -0-

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

Investments without myths: CEO of Cube Invest on opportunities, risks and development prospects of Armenian capital market

Investments in the modern world are not only an opportunity to increase capital but also a powerful tool for economic development.

LATEST NEWS

spot_imgspot_imgspot_img