Wed, 13 August
25.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

About 10bln drams paid in Armenia in compensation for deposits in USSR Sberbank – Minister

YEREVAN, January 22. /ARKA/. The program of compensations for frozen deposits in USSR Sberbank for 2005-2013 has been completed and a total of about 10 billion drams was paid to registered citizens in the period, Armenia’s minister of labor and social affairs Artem Asatryan said Tuesday.

From 2005 to 2006, 62,000 people got registered for compensation, and the program was completed in 2013, the minister said in summarizing the 2013 results.

Asatryan also said the program will continue in 2014 and will cover people born before December 31 1929 that are socially insecure, disabled or have contributed to border protection operations.

On March 16, 2006, Armenia’s government approved the procedure for compensation for deposits in the country’s USSR Sberbank placed before June 10 1993. Compensations were paid only to beneficiaries included in the social benefits list in the period from July 1 2005 to April 1 2006. In the first stage a priority was given to citizens above 70 who were in the family social benefit lists. ($1 – 406.25 drams).–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.

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Euro Jumps 1.93 Points to AMD 445.22 as USD drops slightly

The average market exchange rate of the US dollar to the Armenian Dram on August 6, 2025, fell by 0.35 points compared to August 5 and amounted to AMD 383.68.

Net inflow of money transfers to Armenia from abroad decreased by 1.3% in half-year

The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the report of the Central Bank of the Republic.

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.

LATEST NEWS

spot_imgspot_imgspot_img