Wed, 9 July
23.1 C
Yerevan
USD: 384.19 RUB: 4.90 EUR: 450.58 GEL: 141.45 GBP: 521.65

Armenia’s commercial banks purchase about $89.5 mln at intra-banking forex market last week

YEREVAN, September 16. /ARKA/. Armenian commercial banks purchased about $89.5mln at a weighted average rate of 48.88rams per $1 in intra-banking foreign exchange market on September 8 to 12, the press service of the Central Bank reported.

In the same period, 10.1 mln euros and about 1 bln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 527.61 drams per €1 and 10.92 drams per ruble respectively.

At the same time, about $99.5mln, about €13.8mln and 106.5mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 409.95drams, 531.04drams and 11.08drams respectively.

Dram loans extended by Armenian banks during the week before (September 1-8) totaled about 33.6bln drams; dollar loans amounted to a total of $34.6mln. ($1=409.06drams). –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 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img