Surplus earnings of Armenian banks in the first four months slash 20.4%

YEREVAN, June 25. /ARKA/. Surplus earnings of 21 Armenian commercial banks in the first four months of 2012 dropped by 20.4% from a year earlier to 8.2 billion drams, the Central Bank of Armenia reported.

It said their aggregate assets surged by 4.4% in April as opposed to March to 2.1 trillion drams. Their total liabilities are said to have grown by 5.4$ from March to 1.8 trillion drams. Their balance capital dropped by 0.5 percent to 361.4 billion drams. ($1 – 418.63 drams). -0-

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad increased by approximately 2.1 times in 5 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.08 billion in January-May 2026, compared to $511.7 million in January-May 2025, according to a report from the Central Bank of the Republic.

Euro rose 2.09 points against the Armenian dram, while the dollar and ruble fell

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 26, 2026, fell 0.14 points compared to June 25, to 368.12 drams.

Euro, dollar, and ruble exchange rates against the Armenian dram continue to decline: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 30, 2026, fell by 0.17 points compared to June 29, to 367.89 drams.

VTB (Armenia) sponsored the Armenian edition of Alexandre Dumas’s celebrated novel “The Three Musketeers”

With the financial support of VTB (Armenia), Newmag Publishing House presented a new edition of Alexandre Dumas's novel "The Three Musketeers."

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 29, 2026, fell by 0.06 points compared to June 26, to 368.06 drams.

LATEST NEWS

spot_imgspot_imgspot_img