Tue, 13 January
4.1 C
Yerevan
USD: 381.15 RUB: 4.84 EUR: 445.37 GEL: 141.43 GBP: 513.33

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

Euro  falls against Armenian dram by 3.02 points

The average market exchange rate of the US dollar to the Armenian dram on January 5, 2026, increased by 0.19 points compared to December 30, 2025, to 381.55 drams.

LATEST NEWS

spot_imgspot_imgspot_img