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

IDBank Warns of a New Extortion Scheme on Telegram

A new scam technique is becoming widespread in the Russian-language segment of Telegram, including among users in Armenia.

“Orran” Students Start the New Academic Year with Support from “The Power of One Dram”

On September 1, students of the “Orran” charitable NGO welcomed the new academic year with all the necessary school supplies, with the support of “The Power of One Dram” initiative.

UATE Expo bonds worth over 763 million drams listed on AMX

UATE Expo LLC (UATE) is entering the capital markets by listing its bonds on the Armenian Stock Exchange (AMX), the exchange's press service reported.

Armenia approves €80 million loan agreement with OPEC Fund

At a meeting on Thursday, the Armenian government approved a draft loan agreement with the OPEC Fund for €80 million as part of the "Armenia Economic Transformation Program."

Cube Invest announces the placement of AMD bonds worth 5 billion drams

By Decision No. 1/288 A of the Chairman of the Central Bank of the Republic of Armenia dated July 1, 2026, the program prospectus for Cube Invest CJSC's registered coupon bonds was registered.

LATEST NEWS

spot_imgspot_imgspot_img