Thu, 6 March
-1.9 C
Yerevan
USD: 394.30 RUB: 4.40 EUR: 421.78 GEL: 141.53 GBP: 505.89
spot_img

Armenian banks bought $57.2 million in one week

YEREVAN, October 12. / ARKA /. Twenty-one Armenia-based commercial banks bought a total of $57.2 million from the local foreign exchange intra-market from October 5 to October 9 at the weighted average exchange rate of 471.8 drams per $1, the press service of the Central Bank said.

It said also in the same time span they bought 5.8 million Euros and about 1.6 billion Russian rubles at weighted average exchange rates of 528.34 per one Euro and 7.38 drams per one ruble.

The banks also sold $81 million, €11. 4 million and 328.5 million Russian rubles at the weighted average exchange rates of 473.73 drams, 534.01 drams and 7.5 drams respectively.

Besides, from September 28 to October 4 the banks issued about 65.4 billion drams worth loans in the Armenian national currency and $72.6 million loans in US currency.

Also a total of $5.95 million were traded at NASDAQ OMX Armenia stock exchange from October 5 to October 9, up from $2.85 traded a week before, the Central Bank reported. It said the US Dollar at NASDAQ OMX traded at 472.95 drams average weighted exchange rate. ($1 – 473.08 drams). –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img