Sat, 7 February
0.1 C
Yerevan
USD: 377.70 RUB: 4.91 EUR: 445.38 GEL: 140.39 GBP: 512.84

Armenia’s banking system has strong capital and liquidity buffers – IMF

YEREVAN, October 17. /ARKA/. Armenia’s banking system demonstrates high profitability and has strong capital and liquidity buffers.

This was stated in a statement by the IMF following the visit of the Fund’s mission led by Alexander Timan to Yerevan from September 17-30.

According to the ARKA agency’s ranking based on Armenian bank reports, the net profit of Armenia’s banking system in the third quarter of 2025 amounted to 107.2 billion drams, an increase of 15.57% compared to the same quarter of 2024.

The total assets of Armenian banks as of September 30, 2025, amounted to 11.97 trillion drams (an increase of 20.15% compared to the same quarter of 2024), and the volume of loan investments amounted to 7.16 trillion drams. AMD (an increase of 28.89%), total liabilities – 9.94 trillion AMD (an increase of 20.09%), and total capital – 2.03 trillion AMD (an increase of 20.44%). ($1 – 382.59 AMD).-0-

spot_img

POPULAR

Armenia approves state mortgage support program for army officers

At a meeting on Thursday, the Armenian government approved a state mortgage support program for military officers.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of February 6, 2026, fell by 0.31 points compared to February 5, to 377.7 drams.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

Central Bank of Armenia advocates for maximum rigor in identifying crypto company clients.

The chairman of the Central Bank of Armenia, Martin Galstyan, asserts that the process of identifying clients of cryptocurrency companies in the country should be as stringent as possible.

Armenia and EIB prioritize cooperation in economic development and private sector

Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.

LATEST NEWS

spot_imgspot_imgspot_img