Armenia’s commercial banks purchased $91.5 mln last week

YEREVAN, February 11. /ARKA/. Armenian commercial banks purchased over $91.5 million at an average weighted rate of 405.65 drams per $1 from 4 to 8 January in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Monday.

At the same period, the banks obtained nearly 8.6 million euros and over 478.5 million rubles at average weighted rates of 548.72 drams per €1 and 13.4 drams per 1 ruble respectively.

The banks sold nearly $100.8 million, about €11.8 million around 73.3 million rubles at average weighted rates of 406.56 drams, 551.61 and 13.59 drams respectively.

Moreover, from 28 January to 3 February the volume of AMD loans provided by the Armenian banks totaled 38.1 billion drams, and USD loans- $34.8 million. ($1 – 406.10 drams).—

spot_img

POPULAR

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.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (October 12–18)

Armenia’s financial agenda over the past week encompassed the development of the government securities market, regulatory changes for banking operations, cooperation with international financial institutions, and the subsidization of financing for energy storage systems.

Ardshinbank and Ameriabank Account for Over Half of Armenian Banks’ Profit in First 9 Months

Ardshinbank and Ameriabank generated 50.81% of the total profit of Armenian banks from January to September 2026, according to an operational bulletin from the ARKA news agency.

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 Publishes Its First Sustainability Report

ACBA Bank has published its first sustainability report, presenting its performance in the areas of Environmental, Social, and Governance (ESG) factors, the bank’s press service reported.

LATEST NEWS

spot_imgspot_imgspot_img