Mon, 25 August
23.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

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

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

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.

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.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Unibank Issued Preferred Shares with a Fixed Annual Dividend of 12%

Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion.

LATEST NEWS

spot_imgspot_imgspot_img