Sat, 7 February
0.1 C
Yerevan
USD: 377.70 RUB: 4.91 EUR: 445.38 GEL: 140.39 GBP: 512.84

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

Preserving Armenia’s Cultural Heritage: Unique Monasteries and Historical Sites Documented (VIDEO)

Starting in 2023, the Identity Foundation began documenting Armenia's centuries-old monasteries, churches, and cultural monuments.

Central Bank of Armenia advocates for maximum rigor in identifying crypto company clients.

The chairman of the Central Bank of Armenia, Martin Galstyan, asserts that the process of identifying clients of cryptocurrency companies in the country should be as stringent as possible.

Euro drops against Armenian dram while US dollar ups a little

The average market exchange rate for the US dollar to the Armenian dram on February 2, 2026, increased by 0.39 points compared to January 30, reaching 379.03 drams.

Austrian insurance group GRAWE interested in entering the insurance business in Armenia

The Austrian insurance firm GRAWE is keen on entering the Armenian insurance market.

First deal in Armenian insurance market: Grawe Group and C-Quadrat acquire LIGA Insurance

On January 30, the Central Bank of Armenia approved the acquisition of 100% of the shares of LIGA INSURANCE by the Austrian Grawe Group and C-Quadrat Investment Group.

LATEST NEWS

spot_imgspot_imgspot_img