Tue, 21 October
13.1 C
Yerevan
USD: 383.01 RUB: 4.73 EUR: 446.28 GEL: 141.40 GBP: 513.50

Armenia’s commercial banks purchased over $98.5 mln last week

YEREVAN, December 10. /ARKA/. Armenian commercial banks purchased over $98.5 million at an average weighted rate  of 406.25 drams per $1 from 3 to 7 December in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Monday.

At the same period, the banks obtained nearly 8 million euros and over 830.9 million rubles at average weighted rates of  529.51 drams per €1 and 13.05 drams per 1 ruble respectively.
The banks sold nearly  $$114.6 million, nearly €13.5 million and about 122.3 million rubles at average weighted rates of 407.24, 532.9 and 13.25 drams respectively.

Moreover, from November 26 to December 2 the volume of AMD loans provided by the Armenian banks totaled  41.8 billion drams, and USD loans- $68.5 million. ($1 – 407.24 drams). —

spot_img

POPULAR

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.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img