Net internal assets of armenian Central Bank drop by 4.8% to 246.2bln drams in November

YEREVAN, December 13. /ARKA/.  Net internal assets of Armenian Central Bank dropped by 4.8% to 246.2bln drams in November against October, the Central Bank reports.

Central Bank’s requirements to the government were minus 102.19bln drams in the period against minus 88.7bln drams in October. The requirements to commercial banks reduced by 0.36% to over 149.3bln drams by the end of the reporting month; other requirements totaled around 199.1bln drams.

According to the report, net international assets reduced by 1.4% to about 377.5bln drams in November compared to October. Monetary base totaled about 623.7bln drams, a 2.7% reduction against the month before. ($1=405.98drams).  –0—

spot_img

POPULAR

Armenian commercial banks paid 28.65 billion drams in various taxes in Q1

All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

Acba Bank and Bank of New York Mellon launch partnership

Armenian Acba Bank is expanding its international partner network by partnering with one of the world's most respected financial institutions, The Bank of New York Mellon, the bank's press service reported.

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

LATEST NEWS

spot_imgspot_imgspot_img