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Yerevan
USD: 392.54 RUB: 4.64 EUR: 425.47 GEL: 141.59 GBP: 508.14
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Euro up 0.33 points to AMD 411.42

YEREVAN, 24 December. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram at the end of December 24, 2024, was 395.75 drams, having increased by 0.17 points compared to December 23.

The euro rate rose by 0.33 points to AMD 411.42 and the Russian ruble rate by 0.04 points to AMD 3.97, the Central Bank’s website reported.  -0-

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Euro down 1.32 points to AMD 425.45

The average market exchange rate of the US dollar to the Armenian dram on March 20, 2025, amounted to AMD 392.26, having increased by 0.69 points compared to March 19.

Armenia’s banks  hold 84% of total assets of financial sector – UBA

Armenia-based banks hold 84% of the total assets of the financial sector, Deputy Chairman of the Union of Banks of Armenia (UBA) Ruben Melikyan said.

Armenian banks account for more than 86% of the total volume of issued bonds

Thirteen Armenian banks have issued bonds worth $1.3 billion out of the total volume of $1.5 billion as of the end of 2024, Deputy Chairman of the Union of Banks of Armenia Ruben Melikyan said.

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