Mon, 23 June
21.1 C
Yerevan
USD: 385.68 RUB: 4.92 EUR: 444.38 GEL: 141.53 GBP: 520.48

Armenia’s commercial banks purchase about $48.6 mln at intra-banking forex market last week

YEREVAN, April 27. /ARKA/. Armenian commercial banks purchased about $48.6 mln at a weighted average rate of 472.6 drams per $1 in intra-banking foreign exchange market on April 22 to 22, the press service of the Central Bank reported.

In the same period, about 3.9mln euros and about 362.5mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 506.31 drams per €1 and 8.88 drams per ruble respectively.

At the same time, over $46.5mln, about €4.4mln and 94.65mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 474.25drams, 510.68drams and 9.06drams respectively.

Dram loans extended by Armenian banks during the week before (April 13-19) totalled 31 bln drams; dollar loans amounted to a total of $57.2mln. ($1=473.96drams). –0

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Market capitalization increased by 39% in April over the year, exceeding AMD 462 billion – Armenian Stock Exchange

Stock market capitalization increased by 39% in April over the year, exceeding AMD 462 billion, the press service of the Armenia Securities Exchange (AMX) reported.

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

LATEST NEWS

spot_imgspot_imgspot_img