Mon, 28 April
21.1 C
Yerevan
USD: 390.33 RUB: 4.73 EUR: 443.14 GEL: 142.02 GBP: 519.57
spot_img

Armenian banks’ liabilities to clients rose to 1,456.6 bln drams in Q3

YEREVAN, October 22. /ARKA/. Liabilities of Armenia’s banks to customers in rose by 16.83% to 1,456.6 billion drams as of the end of September against the beginning of the year.

An analysis by ARKA showed Ameriabank was the leader in liabilities with its 166.7 billion drams in Q3 (32% increase against the beginning of the year).

Ardshininvestbank is the second with 149.5bln (increase of 30.65%), followed by HSBC Bank Armenia with 144.5bln drams (6.37% increase), Bank VTB (Armenia) with 138.4bln drams (30.81% increase) and Unibank with 130.2bln drams (15.74% increase).

Assets of Armenian banks amounted to about 2,719.6 billion drams in the period, an cinrease of 13.54% from the beginning of the year. Liabilities were 2,274.6bln drams (14.21% increase), total capital – 444.9bln drams (10.21% increase). ($1=406.11drams).  –0—

spot_img

POPULAR

“Bear market’: sale of crypto-assets or the right time to buy

According to many news reports, cryptocurrencies are experiencing now a "troubled" time and might not survive in this massive bear market

Russian president gives Yerevan-based Balchug Capital permission to buy Gazprom, Inter RAO, and LUKOIL shares from Goldman Sachs

Goldman Sachs International will be able to sell minority stakes in a number of Russian blue chips to Balchug Capital CJSC, the same company that received permission from Russian authorities to buy the local banking unit of the American financial group.

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Armenia discusses bankruptcy reforms with ADB and AFD

Reforms of Armenian legislation in the field of bankruptcy were discussed at a meeting between Deputy Minister of Justice of Armenia Tigran Dadunts and representatives of the Asian Development Bank (ADB) and the French Development Agency (AFD).

US dollar, euro and ruble up against dram

The average market exchange rate of the U.S. dollar to the Armenian dram at the end of March 14, 2025, amounted to 392.34 drams, up 0.6 points compared to March 14.

LATEST NEWS

spot_imgspot_imgspot_img