Sat, 28 February
-0.9 C
Yerevan
USD: 377.00 RUB: 4.88 EUR: 444.78 GEL: 140.99 GBP: 507.97

Central bank to shut down six departments

YEREVAN, October 20. /ARKA/. A local daily ‘Hraparak’ (Square) says in its today’s issue that Armenia’s Central Bank will eliminate six departments before December 2016 and consequently layoffs are expected.

The daily says it is not known who of the staff will be cut. Meanwhile, in response to a question from the newspaper, the deputy chairman of the Central Bank Nerses Yeritsyan said he had no such information. -0-

spot_img

POPULAR

Unibank’s perpetual bonds have been listed on the Armenia Securities Exchange

Unibank’s perpetual bonds have been listed on the Armenia Securities Exchange, allowing for manual and REPO trading.

Euro, dollar, and ruble exchange rates against the Armenian dram fell after two days of gains: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 25, 2026, fell by 0.92 points compared to February 24, to 376.92 drams.

The credit and leasing portfolio of Armenian credit institutions in 2025 amounted to 659.7 billion drams

The total credit and leasing portfolio of Armenian credit institutions as of December 31, 2025, amounted to 659.7 billion drams, an increase of 13.96% compared to the same period in 2024.

Capital of credit institutions in Armenia increased by 10.8% in 2025, exceeding 453.8 billion drams

The total capital of Armenia's credit institutions at the end of 2025 amounted to 453.9 billion drams, an increase of 10.84% ​​compared to 2024, according to the consolidated financial report of the country's credit institutions.

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

LATEST NEWS

spot_imgspot_imgspot_img