Assets of Armenian crediting organizations grew by 3.6 percent in February to 176.7 billion drams

YEREVAN, April 15. / ARKA /. The overall assets of 12 Armenia-based crediting organizations increased by 3.6% to 176.7 billion drams in February as opposed to the previous month, according to the monthly bulletin of the Central Bank of Armenia for February 2013.

According to the bulletin, their general obligations recorded an increase of 1.5 percent compared with January to more than 108.5 billion drams. At the same time, the total balance sheet capital grew in February by 7.2% to about 68.2 billion drams.

The retained profit of credit organizations amounted to 891 billion drams having increased by 78.4% from January. ($ 1 – 417.40 drams). -0-

spot_img

POPULAR

Significant inflows of transfers and capital to Armenia boosted reserves to a record $6.5 billion in August – WB

Thanks to significant remittance and capital inflows, gross reserves in Armenia rose to a record $6.5 billion in August, equivalent to 4.3 months of import coverage, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

EBRD’s AMD-denominated bonds listed on AMX; Converse Bank acted as underwriter

The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX).

Armenia calls on Visa to reduce fees for cashless payments through POS terminals

RA Deputy Prime Minister Mher Grigoryan called on the international payment system Visa to discuss the possibility of reducing fees charged for cashless payments through POS terminals in Armenia.

Central Bank of Armenia puts into circulation a commemorative silver coin for the 35th anniversary of the Republic

The Central Bank of Armenia will put into circulation a silver commemorative coin, "35th Anniversary of the Republic of Armenia," on September 14, 2026, the regulator's press service reported.

Cube Invest contributes to the development of Armenian investment market

At the initiative of leading investment company Cube Invest, the first-ever "INVESTMENT PERSPECTIVES 2026" conference was held, bringing together leading financial and banking experts, high-ranking representatives of government agencies and organizations, investors, and entrepreneurs.

LATEST NEWS

spot_imgspot_imgspot_img