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

An additional 10 billion drams will be allocated for a cashback program for pensioners in Armenia

An additional 10 billion drams will be allocated from the 2026 state budget of Armenia for a cashback program for pensioners making non-cash payments.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 24, 2026, fell by 0.15 points compared to June 23, to 367.93 drams.

Byblos Bank Armenia stands with CaseKey for the fourth year running

CaseKey 2026 is launching with unprecedented interest and new opportunities and, for the fourth consecutive year, with the support of Byblos Bank Armenia.

Converse Bank and ADB expand access to MSME and sustainable finance in Armenia

Converse Bank and Asian Development Bank (ADB) have signed a financing agreement of up to USD 15 million aimed at expanding access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia, including women-led businesses, and promoting sustainable investments.

Head of CBA has ruled out excess profits at banks

The idea of ​​excess profits in the Armenian banking system is unfounded, and banks themselves remain one of the most transparent sectors of the country's economy.

LATEST NEWS

spot_imgspot_imgspot_img