Volume of investment services transactions in Armenia amounted to over AMD 4.1 trillion in Q3

YEREVAN, December 6. /ARKA/. Over 4.1 trillion drams worth transactions were concluded by investment services providers in Armenia in the third quarter of 2023, the National Statistical Committee said.

In the first quarter of the current year over 4.2 trillion drams worth transactions were concluded, over 3.8 trillion drams worth deals were concluded in the second quarter, and a total of  8.3 trillion drams worth deals in 2022.

Of the total volume of investment services transactions in Q3, 2023, over 2.1 trillion drams were sale and purchase transactions and about 2 trillion drams were repurchase deals.

There were 17 banks in Armenia providing investment services as many as in the first and second quarters of the current year and in 2022. There were also 20 other companies proving investment services (16 in the first quarter of the current year, 18 in the second quarter and 16 in 2022).

There were 24 issuers in the third quarter, 26 in the first quarter, 24 in the second quarter and 28 in 2022. -0-

spot_img

POPULAR

Unibank Supported AGBU Global Run as Lead Sponsor Across 22 Cities Worldwide

The AGBU Global Run for Camp Nairi brought together more than 1,500 participants across 22 cities and raised $500,000 to support children and families affected by war and displacement.

Exchange rates of the euro, ruble, and dollar against the Armenian dram continued to decline – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.74 points on October 5 compared to October 2, settling at 361.81 drams.

Armenia and World Bank Discuss Priorities for Tax and Customs Administration Reform

Priorities for the next phase of tax and customs administration reform in Armenia were discussed during a meeting between Eduard Hakobyan, Chairman of the State Revenue Committee (SRC) of Armenia, Fabrizio Zarcone, Head of the World Bank Office in Yerevan, and Alexandra Cole, the UK Ambassador to Armenia.

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

Net inflow of remittances to Armenia from abroad doubled over 8 months

The net inflow of cross-border remittances to individuals in Armenia, received from abroad via the banking system of the Republic of Armenia, totaled $1.8 billion in January–August 2026, compared to $889.3 million in January–August 2025, according to a report by the republic's Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img