Armenia’s CB total liabilities up 6.2% to AMD 1.084.2 trln

YEREVAN, August 24. /ARKA/. Armenian Central Bank (CB) said its aggregate liabilities increased by 63.6 billion drams or 6.2% to over 1.084.2 trillion drams as of 30 June 2012 from the first quarter.

According to a CB report, foreign exchange liabilities amounted to 418.4 billion drams, having increased by 20.7 billion drams or 5.2% throughout the second quarter.

Also Central Bank’s foreign exchange liabilities to the government dropped from 3.6 billion drams in the first quarter of 2012 to 2.8 billion drams at the second quarter’s out ( by 20.8%).

Foreign currency savings deposits and accounts of financial and other organizations climped from 33.8 billion drams in the first quarter 2012 to 41.4 billion drams as of 30 June ( by 22.5%).

Central Bank’s other borrowings during the reporting period rose by 11.6% from 43.2 billion to 48.2 billion drams. Other foreign currency liabilities of the Central Bank amounted to 219.2 million drams.

As follows from the Central Bank’s report, the liabilities in AMD stood at 665.8 billion drams (61.4% of total liabilities), by 42.9 billion drams more than in a quarter earlier.

Dram liabilities of the CB to the government jumped by 12.6 billion drams or 13.5 % to 105.2 billion drams.

Dram liabilities – bank notes and coins in circulation advanced 22.5 billion drams ( or by 6.2%) to over 384 billion drams.

AMD accounts and deposits of financial and other institutions grew by 5.3 billion drams or by 3.2% to 171.9 billion drams within the reported period. Other AMD liabilities amounted to 4.8 billion drams as of 30 June. ($1 – 409.81 drams).—0–

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 21–27)

Armenia’s financial agenda this week centered on developing regulatory cooperation, digitizing currency transactions, and expanding capital market instruments.

VTB (Armenia) offers corporate clients effective solutions for managing idle funds

VTB (Armenia) offers a range of three deposit products for corporate clients, each with different terms for placing funds.

Unibank and Picsart Academy Host Kids Day for Children

Unibank and Picsart Academy organized a special Kids Day, combining education and entertainment in an environment where technology meets creativity and imagination.

Unibank Issues AMD and USD Bonds with Annual Coupon Rates of 10.3% and 6%

Unibank has issued bonds denominated in AMD and USD, with annual coupon rates of 10.3% and 6%, respectively.

Unibank Offers USD-Denominated Bonds with an Annual Coupon Rate of 6%

Unibank has completed the placement of its AMD-denominated bonds ahead of schedule: the issue, with a total volume of AMD 3 billion, was fully placed within just a few days.

LATEST NEWS

spot_imgspot_imgspot_img