Fri, 31 October
5.1 C
Yerevan
USD: 382.65 RUB: 4.73 EUR: 442.76 GEL: 141.15 GBP: 502.42

Armenia’s banks bought nearly $76.3 mln last week

YEREVAN, September 4. /ARKA/. The commercial banks of Armenia obtained nearly $76.3 million at 408.62 drams per $1 within August 27-31, according to the Central Bank of Armenia.
Along with this the banks bought 7.2 million euros and nearly 775.7 million rubles at 510.91 drams per €1 and 12.66 drams per 1 ruble respectively.

At the same time, the commercial banks of Armenia sold around $94.3 million, nearly €10.2 million and over 134.6 million rubles at 410.01 drams, 514.27 drams and 12.87 drams respectively.
Moreover, within August 20-26 the volume of AMD loans totaled 27.8 billion drams, and dollar loans- $33.6 million. ($1 –408.55 drams). —0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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

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

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img