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

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

US dollar, euro, and ruble drop against Armenian dram

YEREVAN, August 18. /ARKA/. The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market as of August 18, 2026, fell by 0.25 points to 365.25 drams compared to August 17.

An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank

The success story of board games created by David Hovhannisyan began in a small garage near his home. David and his friends created educational games during their student years; as the number of orders grew, they decided to expand the business.

US dollar, euro, and ruble up against  Armenian dram

YEREVAN, August 20. /ARKA/. The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of August 20, 2026, increased by 0.3 points to 365.26 drams compared to August 19.

LATEST NEWS

spot_imgspot_imgspot_img