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Around $71 million bought by Armenian banks last week

29.05.2018 20:35

Around $71 million bought by Armenian banks last week

YEREVAN, May 29. /ARKA/. Armenia’s commercial banks bought around $71 million from the local foreign currency market on May 21 to 25 at the average weighted exchange rate of 482 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 10.3 million euros and 1080.2 million Russian rubles at the average weighted exchange rates of 565.05 and 7.77 drams per one euro and one ruble respectively.

The banks also sold about $85.9 million, € 15.8 million and 616.8 million rubles at average weighted exchange rates of 483.28, 569.06 and 7.867 drams respectively.

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Some key indicators of Armenian banks characterizing financial stability saw a drop in 2018 April

24.05.2018 17:18

Some key indicators of Armenian banks characterizing financial stability saw a drop in 2018 April

Some of the key indicators characterizing the performance of Armenian commercial banks and their financial stability saw a drop in 2018 April as opposed to the previous month, according to data, provided by the Central Bank of Armenia

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No extraordinary outflow of capital reported from Armenian banks during political crisis

22.05.2018 17:55

No extraordinary outflow of capital reported from Armenian banks during political crisis

No extraordinary outflow of capital was reported from Armenian banks during the political crisis in late April and early May, however, a number of depositors chose to terminate their contracts with local banks

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Armenian banks’ loan loss reserves grew by 37 percent in quarter one, 2018

21.05.2018 18:01

Armenian banks’ loan loss reserves grew by 37 percent in quarter one, 2018

Armenian banks’ loan loss reserves in the first quarter of 2018 amounted to 140.8 billion drams, an increase of 37% or 38.1 billion drams when compared to the same period last year

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Around $93.5 million bought by Armenian banks last week

21.05.2018 14:36

Around $93.5 million bought by Armenian banks last week

Armenia’s commercial banks bought around $93.5 million from the local foreign currency market on May 14 to 18 at the average weighted exchange rate of 483.42 drams per one USD, the Central Bank of Armenia reported on Monday

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Depositors are back to banks again

18.05.2018 18:14

Depositors are back to banks again

Ashot Osipyan, the chairman of Araratbank Board, said today that the depositors who hastened to withdraw their deposits from local banks during the recent political crisis are now coming back

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Around $68.6 million bought by Armenian banks last week

14.05.2018 18:34

Around $68.6 million bought by Armenian banks last week

Armenia’s commercial banks bought around $68.6 million from the local foreign currency market on May 7 to 11 at the average weighted exchange rate of 485.38 drams per one USD, the Central Bank of Armenia reported on Monday

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Armenian banks’ overdue loans drop by 4 percent to 32.9 billion drams

07.05.2018 17:22

Armenian banks’ overdue loans drop by 4 percent to 32.9 billion drams

Armenian banks’ overdue loans dropped by 4.1% at the end of March 2018 when compared to the previous month to 32.9 billion drams, according to the National Statistical Service

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Armenian banks bought $84.7 million on may 2-5

07.05.2018 16:25

Armenian banks bought $84.7 million on may 2-5

Armenian banks bought a total of $84.7 million in the local forex market from May 2 to May 5 at the weighted average rate of 483.41 drams for $1, the Central Bank said

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Around $93 million bought by Armenian banks last week

23.04.2018 23:14

Around $93 million bought by Armenian banks last week

Armenia’s commercial banks bought around $92.3 million from the local foreign currency market on April 16 to 20 at the average weighted exchange rate of 480.54 drams per one USD, the Central Bank of Armenia reported on Monday

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