Aggregated assets of Armenian Banks increase by 1.3 percent in 2012 May to more than 2. 155.6 trillion drams

YEREVAN, July 10, /ARKA/.  The aggregated assets of Armenia-based 21 commercial banks increased by 1.3 percent in 2012 May from the previous month to more than 2. 155.6 trillion drams, the Central Bank of Armenia said.

It said also the banks’ total commitments increased in comparison with April by 1.4% to about 1.789.7 trillion drams and their total balance capital rose in May  by 1.3% to about 365.9 billion drams.

According to the Central Bank, Armenian banks’ retained profits in the first five months of the year dropped by 18.2 percent from a year earlier to 11.2 billion drams. ($1 – 418.64 drams).

spot_img

POPULAR

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.

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.

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.

The Power of One Dram April Beneficiary: Davitbek Games NGO

The beneficiary of “The Power of One Dram” initiative for April is “Davitbek Games” NGO.

Armenia’s National Assembly Committee Approves Martin Galstyan’s Candidacy for Central Bank Governor

At its meeting on Monday, Armenia's Parliamentary Committee on Financial, Credit, and Budgetary Affairs approved Martin Galstyan's candidacy for the position of Central Bank Governor, nominated by the ruling Civil Contract faction.

LATEST NEWS

spot_imgspot_imgspot_img