Mon, 3 February
-6.9 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img

Armenia’s commercial banks purchase over $89.4mln at intra-banking forex market last week

YEREVAN, August 20. /ARKA/. Armenian commercial banks purchased more than $89.4mln at a weighted average rate of 406.37drams per $1 in intra-banking foreign exchange market on August 12-16, the press service of the Central Bank reported.

In the same period, about 6.2mln euros and over 830.6mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 539.40drams per €1 and 12.24drams per ruble respectively.

At the same time, about $99.6mln, about €9.2mln and about 89.3mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 407.57drams, 543.02drams and 12.41drams respectively.

Dram loans extended by Armenian banks during the week before (August 5-11) totalled 28.2bln drams; dollar loans amounted to a total of $38.9mln. ($1=406.42drams). –0–

spot_img

POPULAR

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.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Fitch Affirms Armenia at ‘BB-‘; Outlook Stable

Fitch Ratings has affirmed Armenia's Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img