Sat, 15 March
8.1 C
Yerevan
USD: 391.74 RUB: 4.57 EUR: 426.88 GEL: 141.28 GBP: 506.99
spot_img

Armenia’s monetary base reduces 11.8% to AMD 783 billion in January 2014

YEREVAN, February 28. /ARKA/. Armenia’s monetary base amounted to about AMD 783 billion in late January 2014 after reducing 11.8% over the month, the National Statistical Service of Armenia reports referring to the central bank’s figures.

Cash outside of the central bank amounted to more than AMD 391.9 billion in late January 2014 after shrinking 12.3% over the month.

According to the report, correspondent accounts in drams exceeded AMD 200.6 billion in late January 2014 after growing 0.8%, compared with the previous month, and those in foreign currencies totaled over AMD 186.4 billion after contracting by 21.9%.

Net international reserves shrank 8.1% in January, compared with December 2013, to about AMD 601.8 billion, and net interior assets reduced 22.1% to AMD 181.2 billion.  ($1- AMD 412.93).  —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.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img