Armenian bank’s total assets surge 7.4% to AMD 2.209 trln in II Q

YEREVAN, July 23. /ARKA/. Total assets of banks in Armenia climb by 7.4% to 2. 209 trillion  drams in II quarter of 2012 (as of June 30), according to the analysis compiled by ARKA agency.
Total assets of ACBA-CREDIT AGRICOLE grew by 9.9% to nearly 239.8 billion drams from this year’s beginning, making the bank a leader among the other banks of Armenia. The share of this bank’s assets makes up 10.8% of the total assets.

Other top banks are Ameriabank- 221.8 billion drams (growth by 10.4%), HSBC Bank Armenia – nearly 197.7 billion drams (rise by 10.4%), Armbusinessbank- 183.4 billion drams (up by 9.7%), and VTB Bank (Armenia)- 181.5 billion drams (lift by 2.3%).
As of June 30, 2012 there are 21 commercial banks in Armenia. ($1 – 411.94 drams). —0–

spot_img

POPULAR

VTB (Armenia) Develops Telemarketing as a Modern Remote Service Channel

VTB (Armenia) is developing its telemarketing strategy, taking remote banking to a new level.

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

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 5, 2026, fell by 0.05 points compared to June 4, to 368.54 drams.

Head of Central Bank discusses the future of banks, the digital dram, and whether public debt allows one to sleep peacefully at night

The Chairman of the Central Bank of Armenia, Martin Galstyan, was a speaker on the Rearrange podcast. The conversation covered a variety of topics, including the prospects of the banking system, the possibility of introducing a digital currency in Armenia, and the topic of public debt.

Armenia could become a platform for implementing insurance technologies and AI solutions: head of the Bureau of Motor Insurers

Armenia could become a practical platform for testing and implementing modern insurance technologies and solutions based on artificial intelligence.

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 3, 2026, fell by 0.01 points compared to June 2, to 368.52 drams.

LATEST NEWS

spot_imgspot_imgspot_img