Tue, 18 March
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Yerevan
USD: 392.34 RUB: 4.68 EUR: 427.93 GEL: 141.48 GBP: 508.94
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Armenian banks provide Artsakh students with tuition fee compensation in the amount of 35 million drams

YEREVAN, September 26 /ARKA/. All 18 banks operating in Armenia will provide financial assistance to students forcibly displaced from Nagorno-Karabakh who are currently studying at Yerevan State University, the press service of the Union of Banks of Armenia (UBA) reported.

As noted by the Chairman of the UBA Daniel Azatyan, about 35 million drams will be directed to cover tuition fees, in particular, for 264 students of the faculties of “Economics and Management” and “Law” of Yerevan State University. ($1 – 387.45 drams) -0-

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USD and RUB depreciate against Armenian dram, EUR – rises

The average market exchange rate of the US dollar to the Armenian dram on March 12, 2025, made AMD 393.42, down 0.62 points compared to March 11.

Euro down 2.15 points to AMD 426.91

The average market exchange rate of the US dollar to the Armenian dram on March 13, 2025, totaled 392.74 drams, down 0.68 points compared to March 12.

S&P predicts the future of CCA banks, including Armenia, in the event of a Russian-Ukrainian ceasefire

A hypothetical ceasefire between Russia and Ukraine would not have a significant immediate impact on the banking sector of Central Asian and Caucasus countries, including Armenia, Azerbaijan, Georgia, Kazakhstan and Uzbekistan, according to a commentary by S&P Global Ratings analysts, as reported by FrankMedia.

Dollar and Euro exchange rates against Armenian dram fell

The average market exchange rate of the US dollar to the Armenian dram, as of March 14, 2025, stood at 391.74 drams, reflecting a decrease of 1 point compared to March 13.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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