Fri, 5 December
-0.9 C
Yerevan
USD: 381.50 RUB: 4.97 EUR: 444.45 GEL: 141.26 GBP: 508.81

Armenian commercial banks obtained over $82 mln last week

YEREVAN, April 22./ARKA/. Armenian commercial banks purchased over $82 million at an average weighted rate of 416.05 drams per $1 from 15 to 19 April  in intra-banking market of foreign currency, Armenia’s Central Bank reports on Monday.

At the same period, the banks obtained nearly 5.3 million euros and over 505.1 million rubles at average weighted exchange rates of 543.88 drams per €1 and 13.16 drams per 1 ruble respectively.
The banks sold about $77.5 million, nearly €11 million and around 155.7 million rubles at average weighted rates of 417.25 drams, 547 drams and 13.31 drams respectively.

Moreover, from 8 to 14 April  the volume of AMD loans provided by the Armenian banks totaled 39.3  billion drams, and USD loans- $46.9  million. ($1 – 416.39 drams).—0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

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.

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

LATEST NEWS

spot_imgspot_imgspot_img