Tue, 29 April
20.1 C
Yerevan
USD: 389.45 RUB: 4.78 EUR: 443.12 GEL: 141.62 GBP: 521.16
spot_img

Total securities issued by Armenian banks totaled AMD 376bln in first half of 2022

YEREVAN, August 26. /ARKA/. Securities portfolio of Armenian banks totaled AMD 376bln in the first half of 2022, executive director of the Union of Armenian Banks (UBA) Seyran Sargsyan said at a press conference on Friday.

According to him, the figure was down 16% or AMD 70bln. It dropped by 15% or AMD 66bln when compared to the end of March this year.

Sargsyan also said that the banks’ investment in securities totaled 1.3 trillion drams at the end of the first half of this year.

This index rose by about 82 billion drams or 6.7% in the first half of the year, and by 30 billion drams or 2.3% compared to the end of March this year. ($1 – 404.82 drams) -0-

spot_img

POPULAR

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

In Armenia, remittances have begun to recover after a 35% decline in 2024

On the demand side, average real wages in Armenia have increased in 2025, and net money transfers have shown an upward trend, contributing to consumption growth, according to the World Bank's Armenia Monthly Economic Update – April 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Instruments for supporting SMEs in Armenia were discussed with bankers at the Ministry of Economy

Financial instruments for supporting small and medium-sized businesses (SMEs) were discussed by Deputy Minister of Economy of Armenia Lilia Sirakanyan and bank representatives.

LATEST NEWS

spot_imgspot_imgspot_img