Sat, 5 April
5.1 C
Yerevan
USD: 391.22 RUB: 4.63 EUR: 431.28 GEL: 142.08 GBP: 508.39
spot_img

Over $68.6 million bought by Armenian banks last week at local forex market

YEREVAN, April 11. /ARKA/. From April 4 to 8 all Armenia-based banks bought over $68.6 million at the local forex market at the average weighted exchange rate of 481.09 drams per $1, the Central Bank said.

In the same time span they bought also 8.4 million euros and about 772 million Russian rubles at the average weighted exchange rates of 546.31 and 7.03 drams respectively.

The banks also sold about $77.2 million, € 12.7 million and 370.2 million Russian rubles at the average weighted exchange rates of 482.82, 550.22 and 7.12 drams respectively.

Armenia’s banks lent 44.2 billion Armenian drams and 72.6 million US dollars over a period between March 26 and April 2. ($1– AMD 483.48). –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