Mon, 7 April
11.1 C
Yerevan
USD: 391.22 RUB: 4.63 EUR: 431.28 GEL: 142.08 GBP: 508.39
spot_img

$79.7 million bought by commercial banks at Armenia’s intra-banking forex market

YEREVAN, July 20. /ARKA/. Commercial banks bought $79.7 million at 477.81 drams per one dollar at Armenia’s intra-banking foreign exchange market over a period between July 13 and 18, the press office of the Central Bank of Armenia reports.

They also bought €9.6 million and 1.2 billion Russian rubles at the mentioned period at 523.1 drams and 8.37 drams respectively.

Commercial banks sold $90.7 million, €14.9 million and 266.9 million at the intra-banking forex market over the same period at 479.17 drams, 529.66 drams and 8.52 drams respectively.

The loans extended by Armenia’s commercial banks in drams amounted to $29.4 billion, and dollar loans totaled $41.3 million at a period between July 6 and 12. ($1 – AMD 480.28). –0–

spot_img

POPULAR

Armenia’s public debt increased by 6.2% at the end of 2024 – Finance Ministry

Armenia's public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.

Fitch: Armenia plans to issue Eurobonds in the first quarter of 2025

Armenian authorities are planning to issue Eurobonds in the first quarter of 2025 to repay a $313 million Eurobond maturing in March 2025, Fitch Ratings said in a report.

Armenia’s top 5 banks by asset size for Q3 2023

According to ARKA news agency's quarterly bulletin 'Banks of Armenia,' the top 5 commercial banks of Armenia by asset size as of 30.09.2023 were Ardshinbank, Ameriabank,  Armbusinessbank, Acba Bank and Inecobank

Armenian banks’ profits should be invested into various sectors- UBA head

Accumulated profits and funds of the banks should be directed to investments, said Daniel Azatyan, Chairman of the Union of Banks of Armenia (UBA), in response to a question from ARKA news agency about forecasts for 2025 and the readiness of banks to contribute to the capital market development.

Thirty-five billion  drams worth government bonds auctioned at Armenian Stock Exchange

On March 11th, a 35 billion AMD government bonds allocation auction took place on the Armenia Stock Exchange. 

LATEST NEWS

spot_imgspot_imgspot_img