Ameriabank COVID-19 Response and Financial Highlights
bln USD
bln USD
Λ
AMD/USD (daily average)
482.1
484.1
AMD/EUR (daily average)
583.8
483.4
546.9
Armenia macro indicators
AMD/RUB (daily average)
8.1
7.4
7.0
532.5
HIGHLIGHTS
EAI (GDP proxy) for the first six
months comprised -4.7% amid
COVID-19
0.4%
-0.1%
-6.3%
-2.6%
-8.8%
-5.7%
Emergency.
■
Jan - Jun
2018
Jan - Jun
2019
Jan - Jun
2020
Jan - Jun
2018
Jan - Jun
2019
Jan - Jun
2020
Jan - Jun
2018
Jan - Jun
2019
Jan - Jun
2020
12-month
-0.19
1Q2018
Current account (BOP)
-0.23
1Q2019
International Reserves
-0.20
1Q2020
11%
19%
1.99
2.22
2.65
30-Jun-2018
30-Jun-2019
30-Jun-2020+
mln USD
bln USD
related State of
Import and export
2.31 1.18
2.32 1.17
2.03 1.11
-1.13
Jan - June
2018
Import
-0.92
Jan - June 2020
-1.15
Jan - June
2019
Export
Net export
Remittances
13%
-22%
623
705
546
Jan - May
2018
Jan - May
2019
Jan May 2020
cumulative CPI
comprised 0.5% (Jun-20) vs 2.0%
YoY CPI.
Armenian dram slightly (0.2%)
appreciated vs US dollar over 6m
2020. Exchange rate fluctuations
have been within 1-2% range
during the last 5 years.
Current account deficit slightly
improved in the first half of 2020 vs
the same period of previous year.
International reserves increased by
19% YoY.
Remittances dropped by 22% YoY
as of May vs 13% increase a year
earlier largely driven by overall
economic situation in the world
amid Covid-19 crisis.
CPI (12m)
102.4
108.7
102.0
100.5
Jun-2018
Jun-2019
Jun-2020
Economic Activity Index (IEA 12m)
June-2018
106.4
95.3
June-2019
June-2020
*Updated information is not available yet. +Data are preliminary. The CBA closing entries are not included.
**Remittances include total commercial and non-commercial transfers of physical persons through the banking system.
Source: Statistical Committee of Armenia,
Central Bank of Armenia
25View entire presentation