Sixteen Armenia-based commercial banks paid a total of 32.9 billion drams in various taxes in the first half of 2022, by 2.8 billion drams or 9.4% more than in the same time span in 2021, according to the Union of Armenian Banks (UAB)
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Archive for August, 2022
Taxes paid by Armenian banks in first half of 2022 grew by 9.4% to 32.9 billion drams
Monday, August 29th, 2022Volume of transactions made by Armenian banks’ cards abroad almost doubled in first half of 2022
Friday, August 26th, 2022Banking cards issued by Armenia-based banks were used to make 6,139,854 transactions abroad in the first half of 2022, up 78.2% from the same time span of 2021, according to the Union of Banks of Armenia
Total securities issued by Armenian banks totaled AMD 376bln in first half of 2022
Friday, August 26th, 2022Securities portfolio of Armenian banks totaled AMD 376bln in the first half of 2022, executive director of the Union of Armenian Banks (UBA) Seyran Sargsyan said at a press conference on Friday
The share of non-performing loans of Armenian banks fluctuates within 5-6%
Friday, August 26th, 2022The share of non-performing loans in the portfolio of Armenian banks in the first half of this year fluctuated within 5-6%, Seyran Sargsyan, the Executive Director of the Union of Armenian Banks (UBA), told a news conference today
Armenian banks' loan portfolio ups 0.7% to about 4 trillion drams
Friday, August 26th, 2022In the first half of 2022, the loan portfolio of 17 Armenia-based banks increased by 28 billion drams or 0.7% to about 3.99 trillion drams, the executive director of the Union of Armenian Banks (UBA) Seyran Sargsyan told a press conference today.
Armenian banks' total capital up 23% to about 1.1 trillion drams
Friday, August 26th, 2022The total capital of 17 Armenia-based commercial banks grew by 23% or 213 billion drams in the first half of 2022 to about 1.14 trillion drams, Seyran Sargsyan, the executive director of the Union of Banks of Armenia told a press conference today
Recommendations on development of settlements in national currencies in EEU approved
Friday, August 26th, 2022The Eurasian Intergovernmental Council approved August 25 at a meeting in Cholpan-Ata, Kyrgyzstan, a set of recommendations on expansion of the use of national currencies of the EEU member states in mutual trade, TASS reported citing the press service of the Russian Ministry of Economic Development
VTB (Armenia) clients will be able to receive money transfers from Russia in Armenian drams
Thursday, August 25th, 2022VTB bank has launched money transfers from Russia to Armenia in the national currency. The service is available by the recipient’s bank details. The money transfer is credited to the account of a VTB (Armenia) customer within one business day, the bank’s press service reported today
Money transfers with Visa Direct via AraratMobile App
Wednesday, August 24th, 2022Visa Direct enables remitters to top up international Visa cards through “Visa international transfer” service of AraratMobile App
There is no place better than Armenia
Monday, August 22nd, 2022All the songs, thoughts, plans for the future in and about the motherland: campers know – there is no better place than Armenia. The formula for life is to learn, become a good specialist and strengthen the country
