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

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank

The success story of board games created by David Hovhannisyan began in a small garage near his home. David and his friends created educational games during their student years; as the number of orders grew, they decided to expand the business.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 17–23)

Key developments in Armenia's financial market this week included new banking compliance requirements, measures against account fraud, and decisions related to capital market development.

Armenian banks will provide citizens with account statements free of charge

Individuals in Armenia will be able to receive free electronic statements from commercial banks about their bank accounts, their balances, and the presence or absence of mutual obligations with the bank.

LATEST NEWS

spot_imgspot_imgspot_img