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Tag: TOTAL CAPITAL

Armenian banks’ total capital grows by 5.6% in first half of 2020

Banks
The total capital of 17 commercial banks operating in Armenia grew by 5.6% in the first half of 2020 or 47 billion drams to 891 billion drams, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Monday

Armenian banking system’s total capital increased 2.1% in 1st Q 2020 to 862 billion drams

Banks
The total capital of the banking system of Armenia for the first quarter of 2020 increased 2.1% to 862 billion drams, Seyran Sargsyan, executive director of the Union of Banks of Armenia, told reporters at an online press conference on Tuesday

Total capital of Armenia-based commercial banks grew by 73 billion drams or by 9.5% in 2019 to 844.8 billion drams

Banks
The total capital of Armenia-based commercial banks grew by 73 billion drams or 9.5% in 2019 from the previous year to 844.8 billion drams, Seyran Sargsyan, the executive director of the Union of Banks of Armenia told reporters on Friday

Armenian banks’ total capital grow 10.9% to AMD 317.7 billion

Banks
Armenian banks’ total capital grew 10.9% over the third quarter reaching AMD 317.7 billion by late September.

Total capital of Armenian crediting organizations grows 6.7% to 32.4 billion drams

Loans
Total capital of Armenian crediting organizations grows 6.7% to 32.4 billion drams.

Total capital of Armenian insurance companies shrinks by 5,41% in second quarter

Insurance
Total capital of Armenian insurance companies shrinks by 5,41% in second quarter

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US dollar rate down 0.35 points to 397.92 drams

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

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

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

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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