Tue, 4 March
0.1 C
Yerevan
USD: 393.69 RUB: 4.40 EUR: 411.09 GEL: 141.36 GBP: 497.94
spot_img

Loan portfolio of Nagorno-Karabakh commercial banks’ branches reaches AMD 69.3 billion by early October

STEPANAKERT, October 5. /ARKA/. The aggregate loan portfolio of Nagorno-Karabakh commercial banks’ branches amounted to AMD 69393.6 million by October 1, 2012 after growing 36.6% over one year but shrinking 0.1% over one month.

Nagorno-Karabakh Statistical Service says loans extended in foreign currencies made up 56.8% and overdue loans 0.8% of the total loan portfolio.
Deposits the banks’ branches totaled AMD 48222.4 million in early October after growing 28.2% over one year and 1.6% over one month.

According to the statistical report, time deposits make up 76.3%, demand deposits 15.9% and traget deposits 7.8% of the total amount. -0—

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate plummets by 3.34 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 28, 2025, amounted to AMD 393.26, having increased by 0.09 points compared to February 27.

C-QUADRAT AAM Armenia CEO: Investments in Formula VC venture fund will develop Armenia’s technological future

The unprecedented decision of the C-QUADRAT Ampega Asset Management Armenia pension fund to invest $1 million in the Formula VC venture fund in 2024 is very important for Armenia, said Arman Vardanyan, CEO of C-QUADRAT Ampega Asset Management Armenia, summing up the results of a year of cooperation with the Formula VC venture fund.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

Government makes its first attempt to regulate the cryptosphere

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

LATEST NEWS

spot_imgspot_imgspot_img