On St. Valentine’s Day RESO insurance company offers gift insurance cards

YEREVAN, February 14. / ARKA /. On St. Valentine’s Day RESO insurance company offered its customers to buy Gift Insurance cards for their loved ones worth from 10,000 to 50,000 drams. Gift card allows its owner to insure not only his/her car, property and a travel, but also against various incidents.

RESO’s assets in 2013 amounted to 7.626.1 billion drams surging by 62.5 % from the previous year; its liabilities doubled to 6.423.4 billion drams while its capital dropped by 20 percent to 1.202.7 billion drams.

RESO launched activities in Armenia in 2008.  Its shares are owned by Poligrafia Company (50%) and CIS Equity Partners Ltd (50 %). The company is part of RESO Group that comprises more than 20 insurance, pension, property development, automotive, medical and leasing companies across Russia and former Soviet republics.  ($1 – 412.25 drams). M.M.-0–0-

spot_img

POPULAR

In February, commercial bank deposits in Armenia decreased by 0.2%, while lending expanded by 0.9% — World Bank

In February 2026, commercial bank deposits in Armenia decreased by 0.2% (MoM), while lending grew by 0.9% (MoM), according to the World Bank's "Armenia Monthly Economic Update – April 2026."

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

Assets of Armenian banks increased by 16.67% to 13.15 trillion drams as of the end of Q1 2026

Total assets of Armenian banks as of March 31, 2026, amounted to 13.1 trillion drams, an increase of 16.67% compared to March 31, 2025.

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

LATEST NEWS

spot_imgspot_imgspot_img