Thu, 24 July
28.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Armenian banks capable of serving their clients, Union of Banks says

YEREVAN, September 28. /ARKA/. Armenian banks are capable of providing the full range of services to their customers and the country’s economy under martial law, the Union of Banks of Armenia said in a statement.

It said all 17 Armenia-based commercial banks will continue their normal work throughout the period of marshal law and have the necessary capabilities to serve their clients.

“The banking system has sufficient capital and liquidity to serve the economy with the necessary financial resources,” the statement said.

On September 27, at 07:10, Azerbaijani troops launched a large-scale offensive along the entire length of the line of contact in Artsakh, using helicopters and artillery to shell peaceful settlements, but were driven back in several sections of the line of contact.

Last night, intense fighting continued against the Azerbaijani armed forces in the southern, southeastern and northern directions of the front line. The Artsakh Defense Army inflicted significant damage to the enemy’s manpower and military equipment, and managed to return several previously lost positions.

According to Armenian sources, the Azerbaijani side suffered losses in manpower (about 200 people killed) and equipment. More precisely, 33 tanks and infantry fighting vehicles, 4 helicopters, 27 UAVs, 2 engineering armored vehicles were destroyed.

According to the defense ministries of Armenia and Artsakh, during the repulse of the aggression, 31 Armenian servicemen were killed, over 200 people were wounded. -0-

spot_img

POPULAR

Euro, US dollar drop against Armenian dram, as ruble ups slightly

The average market exchange rate of the US dollar against the Armenian dram as of July 15, 2025, fell by 0.02 points compared to July 14 and amounted to 384.12 drams.

Euro and dollar rise against Armenian dram, as Russian ruble falls slightly

The average market exchange rate of the US dollar against the Armenian dram as of July 14, 2025, increased by 0.23 points compared to July 11 and amounted to 384.14 drams.

EIB is Armenia’s key partner in major infrastructure projects and economic reforms, says Deputy Prime Minister

The European Investment Bank (EIB) is a key partner for Armenia in terms of major infrastructure projects and reforms in areas of strategic importance for the economy, Armenian Deputy Prime Minister Mher Grigoryan said.

US dollar rises slightly against Armenian dram, euro and ruble fall

The average market exchange rate of the US dollar against the Armenian dram as of July 17, 2025, rose by 0.16 points compared to July 16 and amounted to 384.12 drams.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

LATEST NEWS

spot_imgspot_imgspot_img