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USD: 381.31 RUB: 4.82 EUR: 439.96 GEL: 140.98 GBP: 500.55

Fitch confirms ratings of four major Italian banks

YEREVAN, January 30. /ARKA/. Fitch has confirmed the issuer default ratings of major players in the Italian banking market – Intesa Sanpaolo, UniCredit, Unione di Banche Italiane и Banco Popolare, according to the press release of the agency as quoted by Prime.

Credit organizations confirmed their long-term BBB and short-term F3 ratings. Outlook for most banks is negative, apart from Bank Popolare for which outlook is stable.  –0–

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

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.

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.

US dollar and ruble exchange rates rise against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market on November 18, 2025, increased by 0.29 points compared to November 17, reaching 382.01 drams.

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