Thu, 30 January
-2.9 C
Yerevan
USD: 397.92 RUB: 4.07 EUR: 413.72 GEL: 138.41 GBP: 494.50
spot_img

Central bank auctions 5 billion drams worth short-term bonds

YEREVAN, June 21. /ARKA/. The Central Bank of Armenia auctioned today 5 billion drams worth short-term government bonds of AMGN60294216 issue maturing before 29 April 2021.
It said 28.207 billion drams worth bids had been submitted, of which 24.921 billion drams worth bids were competitive.

Seven dealers took part in the auction of bonds with weighted average yield of 13.4777% and 13.6000% cut-off point.  Profit after placement was 4,465,432,791 drams ($ 1 – 476.38 drams). -0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

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.

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.

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.

LATEST NEWS

spot_imgspot_imgspot_img