Mon, 4 August
32.2 C
Yerevan
USD: 383.84 RUB: 4.70 EUR: 442.91 GEL: 141.90 GBP: 512.96

Non-residents’ investment portfolio in Armenia amounts to about AMD 150 bln – Ministry of Finance

YEREVAN, March 5. /ARKA/. Non-residents’ investment portfolio in Armenia stands currently at about AMD 150 billion, Director of the State Debt Management Department of the Armenian Finance Ministry Samvel Khanvelyan said.  

“I would like to single out active non-resident vestors,  who have arrived recently. At the moment, their portfolio stands at about 7% of the main portfolio (of domestic state debt) or about AMD 150 billion,” Khanvelyan said at the first investment and financial forum in Armenia organized by Freedom Broker.

He noted that this trend improves the structure of investors. Khanvelyan  said also that a new version of the electronic platform for retail sale of government bonds is expected to be launched within a month.  

“This will allow not only Armenian residents, but  also non-resident individuals to buy Armenian government debt obligations online directly from the issuer,” khanvelyan said.

ARKA and Novosti-Armenia news agencies are the information sponsors of the forum.  

According to Armenia’s National Statistical Committee, the country’s total state debt as of December 31, 2023, amounted to about $11.9 billion, up from about $10.7 b4 million a year earlier. Of the  total debt, some $6.5 billion were the foreign debt, while domestic debt stood at about $5.4 billion.  ($1 – 404.14 drams).

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img