Armenian Central Bank’s net internal assets in 2011 October grow by 27 percent to 124.9 billion drams

YEREVAN, December 8. /ARKA/. Armenia’s Central Bank said its net internal assets in 2011 October amounted to some 124.9 billion drams, having increased by 27.3% from September. According to the regulator’s report on its aggregated indicators, its obligations to the government decreased to 91.9 billion drams from 100.4 billion drams in September; obligations to commercial banks increased by 12.3% to 91.8 billion drams and other obligations grew by 7.1% to more than 125. billion drams.

According to the report, Armenia’s net international reserves in October amounted to about 456.5 billion drams, having dropped by 3.4% in comparison with September, while the monetary base amounted to about 581.5 billion drams, having increased by 1.9% from September. ($1-383.62 drams). -0-

spot_img

POPULAR

Acba Bank’s Sustainability Report Presented at COP17

At COP17, Acba Bank presented its Sustainability Report to Armenian and international guests. It outlines the bank's priority areas and the steps it is taking towards sustainable development.

Armenia’s 2027 state budget envisages a reserve fund of 0.3-0.6% of GDP — Galstyan

Armenia's draft state budget for 2027 envisages the formation of a reserve fund of 0.3-0.6% of GDP, announced Martin Galstyan, Chairman of the Central Bank of Armenia.

Create your Visa Digital from Unibank for purchases and transfers

Unibank offers Visa Digital cards for money transfers as well as online and in-store purchases.

Armenia’s public debt-to-GDP ratio in 2027 may exceed the expected 2026 figure by 0.7 percentage points

Armenia's public debt-to-GDP ratio in 2027 is projected to be 47.2%, which is 0.7 percentage points higher than the expected 2026 figure, according to Martin Galstyan, Chairman of the Central Bank of Armenia.

CUBE INVEST becomes the first investment company to list AMD 5 billion worth of bonds on AMX

An important precedent has been set in the Armenian capital market: for the first time, an investment company has listed its bonds on the Armenian Securities Exchange (AMX).

LATEST NEWS

spot_imgspot_imgspot_img