Armenia’s financial supervision inspectorate restores 2.3bln drams in 2013

YEREVAN, January 17. /ARKA/. The supervision inspectorate of Armenia’s ministry of finance restored and re-documented 2.3 billion drams as a result of inspections in 2013, as compared to 1.1 billion drams in 2012, the head of the inspectorate Sona Gharibyan reported Friday.

“We carried out less inspections this year than in 2012, but restored higher amount than last year, as inspections were initiated mainly in risky fields”, she told reporters Friday.

A total of 85 inspections and studies were carried out, including 29 check-ups under a premier-approved annual program, 27 inspections requested by law-enforcement agencies, 9 inspections and 20 studies instructed by the premier, according to the report.

Gharibyan said last year six cases were transferred to the Prosecutor General office, where criminal proceeding was instituted on five of them.–0–

spot_img

POPULAR

Ranking of Armenia’s Largest Credit Institutions by Total Capital in H1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total capital for the first half of 2026.

Moody’s Raises Acba Bank Rating Outlook

Moody's, the international rating agency, simultaneously raised the outlook on Armenia's sovereign credit rating and changed the outlook on Acba Bank's Ba3 long-term deposit and issuer ratings from "stable" to "positive."

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 1.03 points on August 4, 2026, compared to August 3, to 367.01 drams.

Net inflow of remittances to Armenia from abroad increased approximately 2.3-fold in the first half of the year

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.

Armenian banks’ loan portfolio in the first half of the year amounted to 8.8 trillion drams, up 11.5% – Union of Banks

The loan portfolio of Armenian banks in the first half of 2026 amounted to 8.8 trillion drams, up 11.5%, reported Daniel Azatyan, head of the Union of Banks of the Republic.

LATEST NEWS

spot_imgspot_imgspot_img