Mon, 24 February
-13.9 C
Yerevan
USD: 394.41 RUB: 4.46 EUR: 412.67 GEL: 140.79 GBP: 498.77
spot_img

$77.9 million bought by commercial banks at Armenia’s intra-bank Forex Market last week

YEREVAN, July 14. /ARKA/. Commercial banks bought $77.9 million at Armenia’s intra-bank forex market over a period between July 6 and 10 at AMD 473.78 drams per one dollar, the press office of the Central Bank of Armenia reports.

They also bought here €8.6 million and 1.1 billion Russian rubles at 522.95 drams per one Euro and 8.32 drams per one Russian ruble, on average.

According to the report, $74 million, €15 million and 243.6 million rubles were sold at the intra-bank market over the mentioned period at 475.76 drams, 526.91 drams and 8.47 drams respectively.

The loans extended by Armenian banks in drams totaled $34.3 billion at a period between June 29 and July 5, and lending in dollars amounted to $34.9 million. ($1 – AMD 477.18). –0–

spot_img

POPULAR

Viva Armenia Issues its First Bonds Worth $80 Million

Viva Armenia CJSC announces the issuance of nominal, coupon paying bonds. The company has issued dollar-denominated bonds with a total face value of $80 million. The underwriter for these bonds is Ameriabank.

Deposits in Armenian banks at the end of 2024 amounted to AMD 6.46 trillion

The amount of deposits in Armenia's commercial banks stood at AMD 6,463,958 million at the end of December 2024 against AMD 5,960,193 million at the end of September, according to the National Statistical Committee.

Central Bank of Armenia has no plans to tighten liquidity requirements for banks (EXCLUSIVE)

Armenia’s Central Bank is not planning to make changes to or revise its current regulatory framework designed for local commercial banks, the regulator’s press service said in  response to  ARKA News Agency's inquiry about whether it was planning to  toughen prudential requirements for banks, particularly, the liquidity ratio because of  the large inflow of non-resident funds

Central Bank of Armenia warns about fraudulent surveys and urges not to share banking data

The Central Bank of Armenia does not conduct any surveys regarding citizens' banking data, the regulator said today.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

LATEST NEWS

spot_imgspot_imgspot_img