Sat, 12 April
7.1 C
Yerevan
USD: 391.07 RUB: 4.66 EUR: 443.20 GEL: 142.03 GBP: 511.21
spot_img

Armenian central bank auctions 6 billion drams worth mid-term government bonds

YEREVAN, May 25. /ARKA/. Armenia’s Central Bank auctioned on May 24 six billion drams worth mid-term government bonds of AMGN36294191 issue maturing before 29 April 2019.

The Central Bank said a total of 16 billion and 112 million drams worth bids had been submitted, including 13 billion and 777 million drams worth competitive bids.

Seven dealers took part in the auction of bonds with average weighted yield of 13.2631% and 13.3400% cut-off point. Profit after placement was 5,430,817,946 drams ($ 1 – 478.74 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