Armenian central bank auctions 500 million drams

YEREVAN, October 26. / ARKA /. Armenia’s Central Bank said  it has auctioned October 26 some 500 million drams worth short-term government bonds of AMGT13251168 issue maturing in 13 weeks. It said a total of 925.5 million drams worth bids had been submitted, of which 913.5 million drams worth bids were competitive.

Three dealers were said to have taken part in the auction of bonds with average weighted yield of 11.4949% and 11.5% cut-off point. Profit after placement was said to amount to 485,881,974 drams ($ 1 – 469.79 drams). -0-

spot_img

POPULAR

Net non-commercial remittances in Armenia accelerated to 11.7% in March – WB

Net non-commercial remittances in Armenia increased by 11.7% year-on-year in March, following a 5.2% year-on-year increase in February, according to the World Bank's "Armenia Monthly Economic Update – May 2026."

Central Bank of Armenia is concerned about the outpacing growth of lending and urges banks to exercise caution

The Central Bank of Armenia considers it important for commercial banks to exercise caution when providing new loans amid the outpacing growth of lending compared to revenues, stated Central Bank Chairman Martin Galstyan.

In Armenia, commercial bank deposits grew by 2.2% and lending by 1.6% in March — World Bank

In March, commercial bank deposits increased by 2.2% (MoM), while lending grew by 1.6% (MoM), according to the World Bank's "Armenia Monthly Economic Update – May 2026."

In Armenia, 82% of the country’s financial system assets are accounted for by the banking system – Central Bank

The assets of Armenia's banking system continue to dominate the country's financial system, accounting for approximately 82% of total assets, or approximately 12 trillion drams, said Martin Galstyan, Chairman of the Central Bank.

Unibank Launches Biometric Identification in UNIMobile App

Unibank has announced the launch of biometric identification in its UNIMobile mobile application.

LATEST NEWS

spot_imgspot_imgspot_img