Sat, 14 June
24.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Armenia’s commercial banks purchase about $90.1mln at intra-banking forex market last week

YEREVAN, January 20. /ARKA/. Armenian commercial banks purchased about $90.1mln at a weighted average rate of 406.47 drams per $1 in intra-banking foreign exchange market on January 13-17, the press service of the Central Bank reported.

In the same period, about 6.2mln euros and over 672.6mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 552.89drams per €1 and 12.13drams per ruble respectively.

At the same time, about $90.3 mln, about €13.4 mln and about 126.41 mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 407.74drams, 557.09drams and 12.29drams respectively.

Dram loans extended by Armenian banks on January 6-12, 2014, totalled 18.7bln drams; dollar loans amounted to a total of $10.7mln. ($1=406.25drams). –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.

Acba Bank donates amd 130 million to Military Insurance Fund (video)

Acba bank and other members of the financial group - ACBA Leasing and Amundi-ACBA - have donated more than AMD 130 million to Armenia's Military Insurance Fund in recent months, the press service of the bank reported

High profitability of Armenian banks in 2024 was facilitated by growth in net interest income and low level of credit losses – Galstyan

High profitability was recorded in the banking system of Armenia at the end of 2024, which was facilitated by growth in net interest income and low level of credit losses, said Martin Galstyan, Chairman of the Central Bank of the Republic, presenting the financial stability report for 2024.

LATEST NEWS

spot_imgspot_imgspot_img