Net inflow of Armenian banks’ funds totals AMD 119.1 billion in 2011

YEREVAN, February 21. /ARKA/. Net inflow of financial resources in Armenian banks totaled about AMD 119.1 billion in 2011.

ARKA News Agency’s analysis based on banks’ quarterly reports shows that the balance of money and equalized funds grew from AMD 285.2 billion at the beginning of the fourth quarter to AMD 404.3 billion in late December.

Banks’ operational activity ensured inflow of AMD 4.4 billion and financial activity AMD 126.2 billion.

More than AMD 21 billion went from banks as a result of their investment activity.

Changes in exchange rates had favorable impact (AMD 9.6 billion) on financial means and equalized funds.

According to ARKA News Agency’s analysis, AMD 4.6 billion went from four banks, while 17 banks had inflow of 114.5 billion in 2011.

Twenty one banks with their 437 branches operate in Armenia now. ($1 – AMD 388.99). -0-

spot_img

POPULAR

IDBank and Idram conducted financial literacy course for children in Lori region

IDBank and Idram have organized a financial literacy course for children residing in the village of Vahagni and nearby areas in the Lori region.

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

Unibank to participate in Leasing Expo 2026 with a special offer

From April 10–12, 2026, Unibank will participate in Armenia’s largest international exhibition for leasing and financial solutions, offering visitors favorable conditions.

Byblos Bank Armenia launches new exclusive campaign for Mastercard World cardholders

YEREVAN, April 6. /ARKA/. Byblos Bank Armenia has announced the launch of a special campaign exclusively for the Bank’s Mastercard World cardholders.

IDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSU

IDBank has signed a memorandum of cooperation with Yerevan State University.

LATEST NEWS

spot_imgspot_imgspot_img