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USD: 389.45 RUB: 4.78 EUR: 443.12 GEL: 141.62 GBP: 521.16
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Auto lending by Armenian banks tumbles 3.2% to AMD 17.3 bln

YEREVAN, March 28. /ARKA/. Commercial banks of Armenia allocated nearly 17.3 billion drams in total auto lending, down 3.2 %,  as of February 29, 2012 from late January, according to data on the Armenian Central Bank’s website.
Auto loans were mainly granted in drams- 96.7%, and slashed 3.2 % to nearly 16.7 billion drams late February from January. At the same time, within the same period consumer lending advanced 5% in February to nearly 234.1 billion drams. ($1 – 388.67 drams). –0—

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

In February, deposits in Armenian banks grew by 1%, loans decreased by 0.1% due to dram funds

In February 2025, deposits in Armenian commercial banks grew by 1% (MoM), while loans decreased by 0.1% (MoM), in both cases the changes were due to funds denominated in drams.

Armenian Banks Contribute AMD 28.3 Billion in Taxes During Q1 2025

In the first quarter of 2025, all 18 commercial banks in Armenia ranked among the top 1,000 taxpayers, collectively contributing AMD 28.3 billion in taxes and duties, as reported by the State Revenue Committee.

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