Mon, 18 August
23.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenia’s banks invest amd 143.3 bln in Government bonds in second quarter

YEREVAN, August 23. /ARKA/. Armenia’s banks invested nearly 143.3 billion drams in the government bonds as of 30 June, 4.8% higher from the beginning of this year, according to the banks’ financial interim report

According to ARKA agency’s analysis, the total share of the investments in the government securities was 6.5% against 6.6% from earlier this year.

As of June 30, the total securities portfolio fetched up nearly 147.8 billion drams, of them 97.00% were state securities.

HSBC Bank Armenia invested 26.8 billion in securities holding the leading positions in this category. Of them over 26.1 billion drams or 97.37% – in government bonds. At the same time 2,63% of the bank’s securities portfolio or 707.1 million drams are non-government bonds. In the second quarter of 2012 the bank’s interest rate return on investments in debt securities was 1 424 million drams or 17.6% of the total interest rate return.

HSBC Bank Armenia is followed by Armbusinessbank ( 18.3 billion drams). It invested 99.56% in government bonds, and 0.44% in non-government bonds. The interest rate return on the investments in debt securities was nearly 460.5 million drams or 5.6% of the total interest rate return.

Another top bank in this category is Armswissbank – 15.9 billion drams ( 97.03% – government bonds, and 2.97%- non-government ).

As of 30 June 2012 there are 21 banks with 450 branches in Armenia. ($1 – 410.52 drams).—0–

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

LATEST NEWS

spot_imgspot_imgspot_img