Mon, 19 January
0.1 C
Yerevan
USD: 379.99 RUB: 4.88 EUR: 441.32 GEL: 141.01 GBP: 509.41

Bank branch head arrested in Armenia on suspicion of pocketing AMD 122 million

YEREVAN, October 8. /ARKA/. An officers at a bank in Artashat was arrested Tuesday on suspicion of embezzlement of AMD 122 million (around $256,300), the Armenian police department reports on its official website.

According to the report, the Artashat police was told on September 28 that AMD 122 million had been stolen from a local branch of one of the banks operating in Armenia.
As a result of the steps taken by the Artashat police, the suspect was identified, tracked down and arrested in Yerevan on October 6.

The suspect is the head of the bank branch. He is a resident of Ararat province.

The investigation is under way now. ($1 – AMD 476.52). -0–

spot_img

POPULAR

Euro and ruble rise against Armenian dram, while US dollar weakens slightly

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market on January 12, 2026, fell by 0.06 points compared to January 9, to 381.15 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (January 5-11)

The first full working week of 2026 in the Armenian financial market was marked by regulatory decisions, relative stability in the foreign exchange market, and growth in capital market indicators.

Euro and U.S. dollar decline against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of January 9, 2026, fell by 0.18 points compared to January 8, to 381.21 drams.

Ten key events in the financial and banking market of Armenia in 2025

2025 was a period of significant institutional and regulatory changes for the capital market of Armenia, as well as large deals and new instruments.

LATEST NEWS

spot_imgspot_imgspot_img