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Retained earnings of Armenia-based banks in 2012 grew by 14.66 percent to 42.4 billion drams

YEREVAN, January 18. / ARKA /. Retained earnings of 21 Armenia-based banks in 2012 grew by 14.66 percent from the previous year to 42.4 billion drams, according to ARKA news agency’s Banks of Armenia bulletin.

Eighteen of 21 banks posted 45.5 billion drams in total income, while three other banks posted 3 billion drams in losses. Below are the five leading banks by size of income last year. -0-

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US Dollar and Euro Exchange Rates Down Against Armenian Dram

As of May 2, 2025, the average market exchange rate for the U.S. dollar decreased by 0.53 points compared to April 30, landing at 389.41 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Insurance market of Armenia is in embryonic state

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Market capitalization increased by 39% in April over the year, exceeding AMD 462 billion – Armenian Stock Exchange

Stock market capitalization increased by 39% in April over the year, exceeding AMD 462 billion, the press service of the Armenia Securities Exchange (AMX) reported.

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