Cash supply in Armenia grows 2.6% to AMD 763.1 billion

YEREVAN, December 3. /ARKA/. Cash supply in Armenia grew 2.6% or by AMD 19.4 billion in October, compared with September, reaching AMD 763.1 billion by late October, National Statistical Service reports referring to the Armenian Central Bank’s figures.

Cash outside of the banking system amounted to AMD 265.3 billion by late October against 254.2 billion in late September.

Demand deposits in drams totaled AMD 103.9 billion in late October against 102.7 billion in Late September.
Time deposits in the national currency totaled AMD 62.5 billion by late October against 64.5 billion a month earlier.

Deposits in foreign currencies amounted to AMD 331.4 billion against 322.4 billion.

The share of foreign currency deposits in Armenia’s total cash supply has grown 0.09 percentage points over October to 43.43% against 23.99% in the beginning of this year.

The country’s cash supply grew 7.8% or by AMD 52.3 million from AMD 707.8 million in the beginning of this year.

Cash multiplier reached 1.64 by late October after rising 0.03 points, compared with September. ($1 = AMD 385.76).–0–

spot_img

POPULAR

Central Bank: Starting July 1, consumers in Armenia will be able to block online financial transactions with a single tap

Starting July 1, 2026, consumers in Armenia will be able to block online financial transactions with a single tap, via mobile banking or a financial institution's website, the Central Bank of Armenia press service reported.

Central Bank of Armenia and banks are ready to tighten mechanisms to combat telephone fraud – Galstyan

The Central Bank of Armenia, together with banks, is ready to introduce stricter mechanisms to prevent telephone fraud, stated regulator head Martin Galstyan, responding to a question from the ARKA news agency.

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

LATEST NEWS

spot_imgspot_imgspot_img