Tue, 13 January
3.1 C
Yerevan
USD: 380.83 RUB: 4.83 EUR: 444.28 GEL: 141.25 GBP: 512.94

Total capital of Armenia’s Central Bank amounted to minus 7.3 billion drams in late December 2013

YEREVAN, April 15. / ARKA /. As of December 31, 2013 the total capital of Armenia’s Central Bank amounted to minus 7.3 billion drams against minus 20.5 billion drams at the end of December 2012, according to the regulator’s balance sheet.

The regulator’s authorized capital did not change standing at 100 million drams. The main reserve stood at 17.4 billion drams, also unchanged compared with 2012.

The amount of accumulated reserves from revaluation of assets available for sale amounted to 1.2 billion drams against minus 1.2 billion drams at the end of December 2012.

The amount of accumulated losses amounted to about minus 154.8 billion drams versus minus 144.4 billion drams in 2012. The extra capital in 2013 increased by 19.2% compared with 2012 to 128.2 billion drams.  ($ 1 – 415.17 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

Armenia’s financial system in December 2025: interest rate declines, lending grows

In December 2025, Armenia's financial market was characterized by a combination of moderate monetary easing, continued high growth rates in bank lending, and the continued development of capital market instruments.

LATEST NEWS

spot_imgspot_imgspot_img