Sat, 10 May
13.1 C
Yerevan
USD: 389.25 RUB: 4.73 EUR: 439.39 GEL: 141.96 GBP: 516.22
spot_img

Armenian banks bought about $54 million last week at local Forex market

YEREVAN, March 21. /ARKA/. From March 14 to March 18 all Armenia-based banks bought about $53.89 million at the local Forex market at the average weighted exchange rate of 486.17 drams per $1, the Central Bank said.

In the same time span they bought also 5.292 million euros and about 693.642 million Russian rubles at the average weighted exchange rates of 541.03 and 6.93 drams respectively.

The banks also sold about $54,814,000, € 9,251 million and 365,524,000 Russian rubles at the average weighted exchange rates of 488.05, 546.37 and 7.03 drams respectively.

Also from March 7 to March 13 the banks provided 34.2 billion drams worth loans in the national currency and $34.2 million loans in USD. ($ 1- 486.07 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