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-

spot_img

POPULAR

Capital of Armenian Banks Reaches 2.32 Trillion Drams in January–September

As of September 30, 2026, the total capital of Armenian banks stood at 2.32 trillion drams.

ACBA Bank issues bonds totaling 10 billion drams and $10 million

ACBA Bank is offering, via a public offering, two tranches of non-documentary coupon bonds, with a total volume of 10 billion drams and $10 million. The offering period runs through February 20, 2027.

Remittances to Armenia from EAEU member states could drop by $2.1 billion, conditions for labor migration could become more stringent

Should Armenia’s participation in the Eurasian Economic Union (EAEU) be suspended, monetary transfers from EAEU member states to Armenia could fall from a projected $3,953.5 million in 2025 to $1,850 million—a decrease of $2,103.5 million.

Euro and ruble exchange rates against the Armenian dram have risen, while the dollar has fallen —Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 21, 2026, decreased by 0.05 points compared to October 20, reaching 361.4 drams.

Idram and IDBank Participated in the Opening of My Forest Armenia’s Pavilion at COP17

The opening of the “Forest Biodiversity: An Immersive Experience” exhibition by the “My Forest Armenia” NGO took place in the Green Zone of COP17, with representatives of IDBank and Idram in attendance.

LATEST NEWS

spot_imgspot_imgspot_img