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Yerevan
USD: 381.61 RUB: 4.83 EUR: 439.65 GEL: 141.15 GBP: 498.57

Euro exchange rate continues to grow for second day in a row

YEREVAN, April 16. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram as of April 16, 2025, increased by 0.59 points compared to April 15 and amounted to 391.27 drams.

The euro also rose by 1.37 points to 444.48 drams, and the ruble fell by 0.0159 points to 4.7438 drams, the Central Bank website reports.

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Insurance market of Armenia is in embryonic state

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

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

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

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.

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