Fri, 24 October
15.1 C
Yerevan
USD: 382.54 RUB: 4.70 EUR: 443.29 GEL: 140.81 GBP: 510.19

Armenian Central Bank’s total liabilities grew by 26 percent in quarter three to 1.482.9 trillion drams

YEREVAN, November 19. / ARKA /. Armenian Central Bank said its total liabilities stood at 1.482.9 trillion drams as of September 30, having increased by 26 percent or 306.3 billion drams from the beginning of the year.

According to the regulator’s balance sheet, forwarded to ARKA, its total liabilities soared by 30.6 % in the third quarter.

The Central Bank said also its liabilities in foreign exchange amounted to the equivalent of 753.2 billion drams having increased by 69.2 % from the beginning of the year. Its liabilities in foreign exchange to the government of Armenia in the third quarter increased 104.7 times to 284.7 billion drams.

Foreign currency deposits and accounts kept in the Central Bank by financial and other institutions amounted to 130.3 billion drams, which was 48.3 % more than at the beginning of the year. The CB’s other foreign currency liabilities amounted to about 171.7 million drams.

According to the balance sheet data, the liabilities of the Central Bank in drams stood at 729.6 billion drams, 0.3 percent less than at the beginning of the year. The  liabilities in drams to the government increased by 25.9 % to more than 134.1 billion drams.

Liabilities in drams – bank notes and coins in circulation – decreased by 7.3 % to about 408 billion drams at the end of the third quarter.

At the same time, accounts and deposits in drams of financial and other institutions increased by 1.7 % to 185.2 billion drams. Other liabilities in drams totaled 2.1 billion drams. ($ 1 – 404.80 drams). .-0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

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.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

LATEST NEWS

spot_imgspot_imgspot_img