Fri, 18 April
9.1 C
Yerevan
USD: 390.94 RUB: 4.77 EUR: 443.95 GEL: 142.24 GBP: 516.82
spot_img

Armenia’s monetary base climbs 6.4% to over AMD 589.4 bln

YEREVAN, June 12. /ARKA/. Monetary base in Armenia jumped by over 3.5 billion drams or 6.4% in April from March to over 589.4 billion drams, according to the data published on the website of the National Statistical Service of Armenia.
Cash outside the Central Bank of Armenia totaled nearly 378.8 billion drams versus about 361.5 billion drams as of late March.

Mandatory reserves in drams fetched over 170.6 billion drams against over 152.8 billion drams from late March, and in foreign currency- over 32.9 billion drams versus over 31.9 billion drams compared to a month earlier.
Net international reserves (without privatization funds) in late April amounted around 359 billion drams, downing by 2.3% from March.

Net domestic assets hit 230.5 billion drams against nearly 186.4 billion drams as of late March. ($1 – 412.52 drams). —0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img