Sat, 29 November
0.1 C
Yerevan
USD: 381.43 RUB: 4.86 EUR: 440.89 GEL: 141.17 GBP: 503.72

Armenian banks’ financial leasing drops by 2.7% to 2.7 billion drams

YEREVAN, April 15. /ARKA/. Armenian commercial banks’ financial leasing in February 2016 fell by 2.7% from January to 2.7 billion drams, according to the monthly bulletin of the Central Bank for February 2016.

The amount of factoring in February amounted to 25 billion drams, which was 0.9% more than in January. Bank guarantees amounted to 58 billion drams, a 0.12% growth, and letters of credit – to 29.4 billion drams, a growth of 2.6%. ($ 1 – 483.03 drams). -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.

LATEST NEWS

spot_imgspot_imgspot_img