Mon, 3 March
2.1 C
Yerevan
USD: 393.35 RUB: 4.45 EUR: 409.08 GEL: 140.73 GBP: 495.31
spot_img

Volume of interbank loans in 2016 December drop by 33.5 percent

YEREVAN, February 14. /ARKA/. The total volume of interbank loans, including repo transactions in Armenia in 2016 December fell by 33.5% from the year before to about 44.1 billion drams, according to the monthly bulletin of the Central Bank for December 2016. Compared with November 2016 interbank loans fell by 26%.

The volume of interbank loans in foreign currency during the reporting period slashed by more than 4 times year-on-year to 9.7 billion drams.

According to the official data, the volume of interbank loans in Armenian drams in 2016 December grew by 32.2% to approximately 34.3 billion drams. To date, there are 17 commercial banks in Armenia. ($ 1 – 486.84 drams). -0-

spot_img

POPULAR

Euro  down by 0.15 points to AMD 412.64

The average market exchange rate of the U.S. dollar to the Armenian dram on February 21, 2025, totaled AMD 394.41, down 0.9 points compared to February 20.

Euro down 2.2 points to AMD 412.42

The average market exchange rate of the U.S. dollar to the Armenian dram on February 19, 2025, totaled 395.72 drams, down 0.51 points compared to February 18.

Gap between loans and deposits in Armenian banks narrowed 6 times to AMD 89 bln in r 9 months – EFSD

Bank lending growth rates in Armenia exceeded the growth rates of deposits (21.1% and 10.8% y/y, respectively) by the end of September 2024,  contributing to the reduction of excess liquidity in the banking sector, the Eurasian Fund for Stabilization and Development (EFSD) regional economic review “Winter 2024-2025” says.

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Central Bank of Armenia warns of a new type of fraud with CMTPL insurance

The Central Bank of Armenia warns motorists against a new type of fraud, saying in a statement that after looking into a set of reports and notifications of citizens, it has been found that recently there has been an increase in cases when unknown persons present themselves as employees of insurance companies and offer to conclude compulsory motor third-party liability insurance  (CMTPL) contracts remotely.

LATEST NEWS

spot_imgspot_imgspot_img