Armenian Commercial Banks obtained over $86.6 mln last week

YEREVAN, June 10./ARKA/. Armenian commercial banks purchased over $86.6 million at an average weighted rate of 415.40 drams per $1 from 3 to 7 June in intra-banking market of foreign currency, Armenia’s Central Bank reports on Monday.

At the same period, the banks obtained nearly 6.47 million euros and over 615.5 million rubles at average weighted exchange rates of 541.93 drams per €1 and 12.88 drams per 1 ruble respectively.
The banks sold about $89 million, nearly €9.5 million and around 140.6 million rubles at average weighted rates of 416.60 drams, 545.56 drams and 13.07 drams respectively.

Moreover, from 27 May  to 2 June   the volume of AMD loans provided by the Armenian banks totaled 35.4 billion drams, and USD loans- $46.1  million. ($1 – 414.14 drams). —0-

spot_img

POPULAR

Financial literacy among children: Idram&IDBank

Did you know that, on average, only 11% of 15-year-old students in OECD countries demonstrate capabilities corresponding to the highest, 5th level of financial literacy?

Armenia’s health insurance system covers over 1.85 million people; payouts exceed 150 billion drams — Ministry of Health

Armenia’s universal health insurance system currently covers 1,815,000 beneficiaries, and the volume of reimbursements to medical organizations and pharmacies has exceeded 150 billion drams, said Samvel Kharazyan, Deputy Minister of Health of the Republic of Armenia.

Central Bank of Armenia and National Bank of Georgia Sign Memorandum of Understanding on Financial Cooperation

The Central Bank of Armenia and the National Bank of Georgia have signed a memorandum of understanding regarding financial cooperation.

Acba Bank and “Armenian Programs” have simplified banking operations for businesses

As part of the collaboration between Acba Bank and Armenian Programs, banking operations and accounting have been combined into a single, integrated system.

Armenia and ADB Discuss New Projects and Areas of Cooperation

Armenian Deputy Prime Minister Tigran Khachatryan and Lyaziza Sabyrova, Country Director for Armenia at the Asian Development Bank (ADB), discussed new areas of cooperation and infrastructure projects.

LATEST NEWS

spot_imgspot_imgspot_img