Fri, 5 December
7.1 C
Yerevan
USD: 381.50 RUB: 4.97 EUR: 444.45 GEL: 141.26 GBP: 508.81

Armenian central bank registers new credit organization export finance

YEREVAN, August 5. /ARKA/. The board of the Central Bank of Armenia registered today a new credit organization – EXPORT FINANCE Universal Credit Organization CJSC and gave a license to it, the press office of the regulator reports.

Thirty three credit organizations operate in Armenia now. Their aggregate assets totaled AMD 292.2 billion in late June 2015 after growing 7.15% since the beginning of the year and their liabilities amounted to AMD 154.6 billion after shrinking 3.14%.

The credit organizations’ capital has grown 21.85% since the beginning of this year to AMD 137.6 billion in late June. ($1- AMD 478.53). —-0—–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

LATEST NEWS

spot_imgspot_imgspot_img