Sun, 12 October
12.1 C
Yerevan
USD: 382.68 RUB: 4.71 EUR: 442.80 GEL: 141.21 GBP: 507.66

Armenia’s commercial banks purchased over $67.1 mln last week

YEREVAN, February 25. /ARKA/. Armenian commercial banks purchased over $67.1 million at an average weighted rate of 406.42 drams per $1 from 18 to 22 February 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 4.4 million euros and over 475.5 million rubles at average weighted rates of 540.12 drams per €1 and 13.37 drams per 1 ruble respectively.

The banks sold about $74.1 million, nearly €9 million and around 81 million rubles at average weighted rates of 407.51 drams, 543.19 drams and 13.55 drams respectively.

Moreover, from 11 to 17 February the volume of AMD loans provided by the Armenian banks totaled 34.4 billion drams, and USD loans- $51.6 million. ($1 – 407.49 drams).—

spot_img

POPULAR

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.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

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.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img