Fri, 31 January
2.1 C
Yerevan
USD: 397.92 RUB: 4.07 EUR: 413.72 GEL: 138.41 GBP: 494.50
spot_img

Armenia’s monetary base increased 0.2% to AMD 851.7 billion in April

YEREVAN, June 1. /ARKA/. Armenia’s monetary base grew 0.2% in April 2016, compared with the previous month, to AMD 851.7 billion, the National Statistical Service reported Tuesday referring to the central bank’s preliminary figures.

Cash outside the central bank amounted to AMD 362.5 billion in late April against AMD 349.2 billion in late March.

Correspondent accounts in drams totaled AMD 357.7 billion against around AMD 332.8 billion respectively, and those in foreign currencies amounted to AMD 125.7 billion against AMD 162.6 billion.

Net international reserves (excluding money from privatization) totaled AMD 400.6 billion in late April after shrinking 6.3% over one month.

Net internal assets grew to AMD 451.1 billion in late April from AMD 422.2 billion in late March. ($1- 477.66). –0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenian banks’ net loan portfolio grew by 24․6% in 2024 to 6 trillion 270 billion drams

The total loan portfolio of the Armenian banks net of reserves grew by 24.6% or AMD 1trillion 239 bln drams in 2024 to AMD 6 trillion 270 bln drams.

Fitch Affirms Armenia at ‘BB-‘; Outlook Stable

Fitch Ratings has affirmed Armenia's Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.

Fitch: Armenia plans to issue Eurobonds in the first quarter of 2025

Armenian authorities are planning to issue Eurobonds in the first quarter of 2025 to repay a $313 million Eurobond maturing in March 2025, Fitch Ratings said in a report.

Profit of Armenia’s banking system in 2024 increased by 60.9% to 363.1 bln. AMD

The net profit of 17 Armenia-based commercial banks in 2024 amounted to over 363.1 billion drams, growing by 60.9% compared to 2023, according to reports of the banks published in accordance with international financial reporting standards.

LATEST NEWS

spot_imgspot_imgspot_img