Thu, 6 March
10.1 C
Yerevan
USD: 394.58 RUB: 4.43 EUR: 425.79 GEL: 141.83 GBP: 507.86
spot_img

Armenia’s commercial banks purchase over $100.3mln at intra-banking forex market last week

YEREVAN, December 9. /ARKA/. Armenian commercial banks purchased more than $100.3mln at a weighted average rate of 404.23 drams per $1 in intra-banking foreign exchange market on December 2-6, the press service of the Central Bank reported.

In the same period, about 6.9mln euros and over 800.8mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 549.03drams per €1 and 12.13drams per ruble respectively.

At the same time, about $107.1 mln, about €15.5 mln and about 140 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 405.51drams, 552.97drams and 12.30drams respectively.

Dram loans extended by Armenian banks during the week before (November 25 – December 1) totalled 50.5bln drams; dollar loans amounted to a total of $86mln. ($1=406.94drams). –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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

LATEST NEWS

spot_imgspot_imgspot_img