Euro Jumps by 4.39 Points to AMD 447

Exchange market

YEREVAN, August 28. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram as of August 28, 2025, increased by 0.72 points compared to August 27 and amounted to AMD 382.97.

The euro rate jumped by 4.39 points to AMD 447, while the ruble rate increased by 0.01 points to AMD 4.7698, the Central Bank website reports.-0-

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Announces

Central Bank of Armenia explained its decision to keep the interest rate unchanged

The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.
Loans

Net profit of Armenian credit institutions in the first half of 2026 decreased by 1.5 times to 21 billion drams

The total net profit (after tax) of Armenian credit institutions in the first half of 2026 amounted to 21.02 billion drams, compared to 30.73 billion drams in the first half of 2025 (a decline of 1.46 times, or 31.6%).
Announces

Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.
News

Ranking of Armenia’s Largest Credit Institutions by Total Capital in H1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total capital for the first half of 2026.
Loans

Capital of Armenian credit institutions increased by 2.82% in the first half of 2026 compared to the beginning of the year, exceeding 467 billion...

The total capital of Armenian credit institutions in the first half of 2026 amounted to 467.14 billion drams, an increase of 1.99% compared to the end of the first quarter and 2.82% compared to the beginning of the current year.

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Euro drops by 0.71 points to 446.29 drams
Euro drops by 0.71 points to 446.29 drams