Fri, 6 February
4.1 C
Yerevan
USD: 378.01 RUB: 4.94 EUR: 445.56 GEL: 140.45 GBP: 513.64

ARKA news agency releases quarterly bulletin “Insurance Companies of Armenia” for the first quarter of 2016

YEREVAN, May 18. / ARKA /. ARKA news agency has released a fresh issue of its regular quarterly bulletin “Insurance Companies of Armenia” for the first quarter of 2016. This product is based on insurance companies’ financial reports. The bulletin consists of 20 pages and is divided into nine sections: 1. General Characteristics of Insurance Companies, 2. Assets, 3. Liabilities, 4. Capital, 5. Authorized Capital, 6. Financial Results of Insurance Companies’ Activities, 7. Financial Flows, 8. Profitability and 9. Capitalization.

Founded on May 1, 1996, ARKA news agency provides financial, economic and political information. In 1999, the agency started issuing quarterly bulletin “Basic Indicators of Armenian Banks” later renamed “Banks of Armenia”.

In March 2005 it started releasing “Credit Organizations of Armenia” quarterly bulletin, and in July 2008 “Indicators of Insurance Company’s Activities” later renamed “Insurance Companies of Armenia”. -0-  -0-

spot_img

POPULAR

Armenia and EIB prioritize cooperation in economic development and private sector

Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.

Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.50%

At its meeting on February 3, the Board of the Central Bank of Armenia kept the refinancing rate at 6.50%.

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Central Bank of Armenia advocates for maximum rigor in identifying crypto company clients.

The chairman of the Central Bank of Armenia, Martin Galstyan, asserts that the process of identifying clients of cryptocurrency companies in the country should be as stringent as possible.

LATEST NEWS

spot_imgspot_imgspot_img