Tue, 24 June
27.1 C
Yerevan
USD: 386.08 RUB: 4.93 EUR: 442.60 GEL: 141.73 GBP: 516.54

Armenian banks’ investments in government bonds grow by 15.4 percent

YEREVAN, December 11. /ARKA/. Armenian banks’ investments in government bonds at the end of October 2017 stood at 422 billion drams, an increase of 15.4% since the beginning of the year, according to the latest data of the Central Bank.

It said also investments in government bonds by non-bank investors amounted to 82.7 billion drams (an increase of 15.4%). The investments of the Central Bank slashed by 54.7% to 28.5 billion drams, while no investments in government bonds were made by non-bank agents and investment dealers.

Non-residents’ investments in government bonds amounted to 8.5 billion drams, while total investment in Armenian government bonds at the end of October amounted to 541.8 billion drams (an increase of 6.6%). ($ 1 – 485.25 drams). -0-

spot_img

POPULAR

ACBA Bank summarizes the results of 2024 (video)

ACBA Bank summarized the results of 2024 and defined the future directions of the bank's development at the annual general meeting of shareholders, ACBA said in a press release today.

VTB (Armenia) becomes official partner of Music for the Future Foundation

VTB (Armenia) has become a partner of the Music for the Future Foundation. The bank will support the foundation's key programs, including the development of cultural and educational projects, the organization of concerts, and the allocation of scholarships for young musicians.

Moody’s upgrades long-term deposit ratings of Unibank to B1, outlook stable

Moody's has upgraded Unibank long-term local and foreign currency bank deposit ratings to B1 from B2 and changed the outlook on these ratings to stable.

Euro falls by 2.74 points against Armenian dram, while USD and ruble rise slightly.

The average market exchange rate of the US dollar against the Armenian dram as of June 18, 2025, increased by 0.16 points compared to June 17 and amounted to 384.44 drams.

Partnership Launch: Freedom Broker Armenia & Teach For Armenia

Teach For Armenia is proud to announce a new partnership with Freedom Broker Armenia, aimed at enhancing financial literacy and educational innovation in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img