Armenian central bank’s total capital reaches AMD 17.3 billion in late September 2016

YEREVAN, November 30. /ARKA/. The total capital of the Central Bank of Armenia amounted to AMD 17.3 billion in late September 2016 against AMD 2.6 billion in late December 2015, the regulator’s press office reported on Wednesday.

According to the press release, the central bank’s authorized capital remained unchanged – at AMD 100 million, while the general reserve has grown 8% since the beginning of the year reaching AMD 25.5 billion by late September.

The central bank’s accumulated asset revaluation reserves for sale totaled AMD 399.4 million against minus 1 227.3 million in 2015, and capital losses totaled AMD 179.5 billion against AMD 156.1 billion in late 2015.

The central bank’s extra capital has not changed since the beginning of this year and stood at AMD 136.2 billion in late September.

The profits received from the central bank’s activity in 2015 have not been distributed by late September. ($1 – AMD 480.11). –0—–

spot_img

POPULAR

World Bank forecast inflation in Armenia at 4.6% in 2026: key factors identified

The World Bank forecasts inflation in Armenia at 4.6% by the end of 2026, up from 3.3% a year earlier, said Armine Manukyan, Senior Economist at the World Bank.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 27–31)

Armenia's financial agenda last week was determined by banking sector data, rating decisions, inflation and public debt forecasts, exchange rate dynamics, personnel changes at Byblos Bank Armenia, and expert assessments of the possible impact of restrictions on goods supplies to Russia.

How much do Armenian banks transfer to the budget for every dram of profit? Armbanks ranking

In the first half of 2026, 17 commercial banks in Armenia transferred 116.16 billion drams in tax and customs payments to the state budget.

Head of the Union of Banks of Armenia did not rule out consolidation of the Armenian banking market

Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.

Armenia’s $5.9 billion reserves cover more than four months of imports: former Finance Minister calls this a hedge against external shocks

Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.

LATEST NEWS

spot_imgspot_imgspot_img