Sun, 23 February
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Yerevan
USD: 394.41 RUB: 4.46 EUR: 412.67 GEL: 140.79 GBP: 498.77
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Conversebank announces coupon payment on dram bonds

YEREVAN, February 6. /ARKA/. The Yerevan-based Conversebank announced coupon payments on Dram-denominated bonds (COVSB3, issue 2017-2). It said the total amount of coupon payments made 52.5 million drams. One billion drams worth two-year bonds with fixed-rate were placed on September 1, 2017.

Conversebank’s shareholders are the Advanced Global Investments LLC (80.94%), Armenia’s national postal operator Haypost Trust Management B.V. (14.06%) and the Armenian Apostolic Church (5%). -0-

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Euro exchange rate rises 0.4 points to AMD 412.82

The average market exchange rate of the U.S. dollar to the Armenian dram on February 20, 2025, stood at 395.31 drams, down 0.41 points compared to February 19.

AMX wins two prestigious Global Banking & Finance Awards

The Armenian Securities Exchange (AMX) announces that it has been recognized as the “Best Stock Exchange in the South Caucasus 2025” and the “Fastest Growing Stock Exchange in the South Caucasus 2025” by the prestigious Global Banking & Finance Awards magazine.

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.

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