Tue, 29 April
20.1 C
Yerevan
USD: 389.45 RUB: 4.78 EUR: 443.12 GEL: 141.62 GBP: 521.16
spot_img

ARKA News Agency releases fresh issue of ‘Insurance Companies of Armenia’, Q1

YEREVAN, May 20. /ARKA/. ARKA News Agency has released a fresh issue of its regular bulletin “The Insurance Companies of Armenia” for the first quarter of 2015.

The bulletin is based on official financial reports and comprises of nine sections: 1. General Characteristics of Insurance Companies, 2. Assets, 3. Liabilities, 4. Capital, 5. Authorized Capital, 6. Financial Performance, 7. Financial Flows, 8. Profitability and 9. Capitalization.

The bulletin contains information on performance of Armenian insurance companies and an analysis of their activities.

Founded on May 1, 1996, ARKA News Agency provides financial, economic and political information.

In 1999, the agency started issuing quarterly bulletin “Basic Indicators of Armenian Banks” later renamed “Banks of Armenia”.

In March 2005 it started releasing “Credit Organizations of Armenia” quarterly bulletin in March 2005, and “Indicators of Insurance Companies’ Activities” (later renamed “Insurance Companies of Armenia”) in July 2008. –0–

spot_img

POPULAR

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

Instruments for supporting SMEs in Armenia were discussed with bankers at the Ministry of Economy

Financial instruments for supporting small and medium-sized businesses (SMEs) were discussed by Deputy Minister of Economy of Armenia Lilia Sirakanyan and bank representatives.

Armenia ratifies EUR 10.1 million investment agreement with EIB on Yerevan’s Second Energy Efficiency Program

The Armenian Parliamentary Committee on Financial, Credit and Budgetary Affairs gave a positive conclusion at its meeting on Friday on the ratification of the agreement on the investment grant for the "Second Yerevan Energy Efficiency Program" in the amount of EUR 10.1 million.

In February, deposits in Armenian banks grew by 1%, loans decreased by 0.1% due to dram funds

In February 2025, deposits in Armenian commercial banks grew by 1% (MoM), while loans decreased by 0.1% (MoM), in both cases the changes were due to funds denominated in drams.

LATEST NEWS

spot_imgspot_imgspot_img