Thu, 3 April
15.1 C
Yerevan
USD: 391.16 RUB: 4.65 EUR: 422.18 GEL: 141.47 GBP: 505.97
spot_img

Armenia’s commercial banks purchase about $148.8 mln at intra-banking forex market last week

YEREVAN, May 12. /ARKA/. Armenian commercial banks purchased about $148.8mln at a weighted average rate of 412.8drams per $1 in intra-banking foreign exchange market on April 28 – May 8, the press service of the Central Bank reported.

In the same period, about 12.8mln euros and about 1.2bln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 571.11 drams per €1 and 11.49 drams per ruble respectively.

At the same time, about $169.2mln, about €18.25mln and 194.7mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 413.91drams, 575.1drams and 11.65drams respectively.

Dram loans extended by Armenian banks during the week before (April 21 – May 4) totalled 64bln drams; dollar loans amounted to a total of $83.4mln. ($1=413.19drams). –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