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  • Archive for August 5th, 2021

    Money transfers to Armenia in first five months of 2021 grow by 37% to $748 million

    Thursday, August 5th, 2021

    Money transfers, remitted to Armenia from abroad in the first five months of 2021 through the banks increased by about $202 million or 37% from the same time span in 2020 amounting to $748 million, according to the Union of Banks of Armenia

    Payments cards used in Armenia to make 31,532,464 transactions in first half of 2021

    Thursday, August 5th, 2021

    In the first half of 2021, the payment cards issued by Armenian banks were used to make 31,532,464 transactions, which was by 10,772,048 or 51.9% more than in the first half of 2020, the Union of Banks of Armenia said

    Armenia-based banks' lending drops by 6% in first half of 2021 to 3.9 trillion drams

    Thursday, August 5th, 2021

    In the frist half of 2021 Armenia-based banks’ lending decreased by about 253 billion drams or 6% from the first half of 2020 and by 189 billion drams or 4.6% when compared to the first quarter of 2021 to 3.9 trillion drams at the end of June, the Union of Banks of Armenia said today

    In first half of 2021 Armenian banks earned 40.7 billion drams in income

    Thursday, August 5th, 2021

    Armenia-based commercial banks earned a total of 40.7 billion drams in income in the first half of 2021, by 46.7 million or 0.11% more than in the same time span of 2020, the Union of Banks of Armenia said today