Armenia’s banking sector’s  profit amounted to 201 billion drams in January-June – UBA

YEREVAN, August 1. /ARKA/. The 17 banks in Armenia earned a combined profit of 201 billion drams in the first half of 2025, said Daniel Azatyan, head of the Union of Banks of Armenia (UBA).

He also noted that by the end of 2024, the sector’s s profit amounted to 363 billion drams.

According to Azatyan, as of June 30, 2025, the total assets of all commercial banks operating in the country amounted to 11.6 trillion drams, their total capital – to 1.9 trillion drams, the loan portfolio – to 7.1 trillion drams, deposits – to 6.7 trillion drams, and investments in securities – to 466 billion drams. ($1 – 383.84 drams). -0-

spot_img

POPULAR

The average exchange rate of the Armenian dram to the US dollar in April was 4.2% lower than a year ago

In April 2026, the average exchange rate of the Armenian dram to the US dollar was 374.2 drams, compared to 390.7 drams in April 2025, according to data from the Statistical Committee.

Martin Galstyan re-elected as Governor of the Central Bank of Armenia

Martin Galstyan was re-elected as Governor of the Central Bank of Armenia on Tuesday in a closed, secret ballot vote in the National Assembly.

Net inflow of remittances to Armenia from abroad increased by approximately 3.2 times in the first quarter

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $458.2 million in January-March 2026, compared to $143.7 million in January-March 2025, according to a report from the Central Bank.

Central Bank of Armenia maintains the refinancing rate at 6.5%

At its meeting on Tuesday, the Central Bank's Board left the refinancing rate unchanged for the fourth consecutive time at 6.5%, the regulator's press service reported.

Armenia’s loan portfolio has grown by approximately 20% annually for the past three years: Central Bank Governor

Armenia's loan portfolio has grown by approximately 20% annually for the past three years, Central Bank Governor Martin Galstyan announced at a parliamentary session on Tuesday.

LATEST NEWS

spot_imgspot_imgspot_img