Tue, 24 February
9.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

Armenia’s commercial banks purchase about $83.1 mln at intra-banking forex market last week

YEREVAN, April 7. /ARKA/. Armenian commercial banks purchased about $83.1mln at a weighted average rate of 413.37drams per $1 in intra-banking foreign exchange market on March 31- April 4, the press service of the Central Bank reported.

In the same period, about 8.2mln euros and about 590.6mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 568.55 drams per €1 and 11.61 drams per ruble respectively.

At the same time, over $104.4mln, about €9.6mln and 106.1mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 414.55drams, 572.20drams and 11.78drams respectively.

Dram loans extended by Armenian banks during the week before (March 24-30) totalled 32.6bln drams; dollar loans amounted to a total of $39.8mln. ($1=415.13drams).  –0

spot_img

POPULAR

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

Assets of Armenian Credit Institutions Grew by 11.93% to AMD 859.9 Billion in 2025

The total assets of Armenia's credit institutions as of December 31, 2025, amounted to AMD 859.9 billion, an increase of 11.93% compared to December 31, 2024.

The credit and leasing portfolio of Armenian credit institutions in 2025 amounted to 659.7 billion drams

The total credit and leasing portfolio of Armenian credit institutions as of December 31, 2025, amounted to 659.7 billion drams, an increase of 13.96% compared to the same period in 2024.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (February 16-22)

Last week, the Armenian financial market was distinguished by intensified institutional interactions in the banking sector and debt market dynamics.

“Team Holding” CJSC’s bonds listed on Armenia Stock Exchange

One of Armenia’s diversified companies, “Team Holding” CJSC, is officially entering the capital market today by listing bonds on the Armenia Stock Exchange (AMX).

LATEST NEWS

spot_imgspot_imgspot_img