Armenian insurance companies’ 2Q total liabilities up 30% to AMD 25.2 bln

YEREVAN, September 13. /ARKA/. As of June 30 the total liabilities of Armenia’s second-quarter insurance companies advanced by 30% to nearly 25.2 billion drams.

According to the interim financial reports of the insurance companies, Ingo Armenia is atop the list in total liabilities index- over 7.9 billion drams ( 31.6% up in the second quarter, 31.3% of the total insurance liabilities in Armenia).

Top five companies in this context are Rosgosstrakh- Armenia- over 6.3 billion drams (24.8% share), Reso- over 3.9 billion drams (15.6% share), Nairi Insurance- over 3 billion drams (11.9% share) and Garant- Limens – over 2 billion drams ( 8% share). These five companies have 91.6% of the total liabilities.

As of June 30, 2012 there are 7 insurance companies in Armenia. ($1 – 410.83 drams).—0-

spot_img

POPULAR

An unusual $2.2 million banking scam uncovered in Armenia

YEREVAN, August 14. /ARКА/. A man suspected of embezzling 802.5 million drams from a bank and money laundering has been arrested in Armenia. The preliminary investigation has been completed, the press service of the RA Investigative Committee reported.

“Solis” CJSC’s bonds listed on Armenia Stock Exchange

YEREVAN, August 18. /ARKA/. The range of companies listed on the Armenia Stock Exchange (AMX) continues to expand, contributing to the development of the capital market and creating new opportunities for businesses.

“AGROVISION” CJSC’s bonds were listed on Armenia Stock Exchange

YEREVAN, August 17. /ARKA/.  Today, “AGROVISION” CJSC, a company operating in the agro-industrial sector, became a listed company on the Armenia Stock Exchange (AMX).

VTB (Armenia) continues to develop its small business lending capabilities

YEREVAN, August 13. /ARKA/. VTB (Armenia) small business clients now have access to the "Express" loan, which allows them to obtain up to 20 million Armenian drams for business development.

Euro, dollar, and ruble drop against Armenian dram

YEREVAN, August 12. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market fell by 0.16 points on August 12, 2026, compared to August 11, to 365.91 drams.

LATEST NEWS

spot_imgspot_imgspot_img