Mher Abrahamyan elected head of Union of Banks of Armenia

YEREVAN, October 4. /ARKA/. Mher Abrahamyan, Board Chairman of IDBank CJSC, was elected as new head of the Union of Banks of Armenia.

He has replaced Artak Hanesyan, the CEO of Ameriabank CJSC, who headed the organization in 2018 and 2019. -0-

spot_img

POPULAR

Ranking of Armenia’s Largest Banks by Asset Volume for the First 9 Months of 2026

The ARKA news agency has published a ranking of Armenia’s largest banks by total assets as of September 30, 2026.

Euro and US dollar exchange rates against the Armenian dram have fallen, while the ruble has risen: Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 19, 2026, decreased by 0.98 points compared to October 16, settling at 361.36 drams.

Euro and ruble exchange rates against the Armenian dram have risen, while the dollar has fallen —Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 21, 2026, decreased by 0.05 points compared to October 20, reaching 361.4 drams.

Capital of Armenian Banks Reaches 2.32 Trillion Drams in January–September

As of September 30, 2026, the total capital of Armenian banks stood at 2.32 trillion drams.

Central Bank of Armenia to issue a commemorative silver coin dedicated to the “Symphony of Stones” natural monument

The Central Bank of Armenia will issue a commemorative silver coin on October 20, 2026, dedicated to the "Symphony of Stones" natural monument, the regulator announced.

LATEST NEWS

spot_imgspot_imgspot_img