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Tag: amount

Amount of non-cash transactions made in Armenia by using plastic cards in 2018 soared by 47.2%, UBA says

Banks admin -
The total amount of non-cash transactions made in Armenia by using banking cards in 2018 soared by 47.2% from the previous year to 395.9 billion drams

Amount of government-insured private deposits in Armenia’s banks increased 2.5 times

Banks admin -
On Monday, the Armenian National Assembly passed at the final reading a law that raises the amount of government-insured private deposits in Armenia's banks about 2.5 times to AMD 10 million against the present 4 million for dram deposits and AMD 5 million against the current 2 million for deposits in foreign currencies

Mortgage lending in Armenian banks’ loan portfolio exceeds AMD 123 billion

Banks admin -
Mortgage loans extended by Armenian commercial banks totaled AMD 123.2 billion in late August 2012 after growing 1.9% since late July

Armenian development bank’s deposit portfolio grows to AMD 22.6 billion

Banks admin -
Armenian Development Bank’s deposit portfolio grew by AMD 12.4 billion or 122% in the first quarter of this year, compared with the same quarter a year before

Armenian commercial banks’ aggregate mortgage loan portfolio reaches AMD 112.4 billion in late March

Banks admin -
Armenian commercial banks’ aggregate mortgage loan portfolio reached AMD 112.4 billion in late March after growing 1.9%, compared with late February

Anelik system posts 21 percent rise in first quarter remittances

Banks admin -
Anelik bank said the amount of remittances handled by its Anelik money transfer system surged by 21 percent in the first quarter of this year from a year earlier to $200 million

Total Amount Of Armenian Crediting Organizations’ Liabilities Contract By 3.9% To 53.8 Billion Drams

Loans admin -
The total amount of Armenian crediting organizations’ liabilities contracted by 3.9% in the third quarter of 2010 to 53.8 billion Drams

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US dollar rate down 0.35 points to 397.92 drams

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The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

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Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

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Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

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The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

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