Time deposits from individuals and private entrepreneurs grow last year by 42.2% to 248.1 billion drams

YEREVAN, March 15, /ARKA/. The volume of time deposits in Armenian banks, attracted from individuals and private entrepreneurs grew last year by 42.2% to 248.1 billion Drams.

According to provisional reports of the banks for Q4, 2009, Unibank was the leader, accounting for 18.3% of all time deposits, attracted from individuals and private entrepreneurs. Time deposits made some 46.9% of Unibank’s aggregate liabilities.

The list of leading five banks included also HSBC Bank Armenia-33.3 billion Drams, Ardshininvestbank-30.1 billion Drams, ACBA Credit Agricole BankБанк-20.3 billion Drams and Armbusinessbank -17.7 billion Drams.

According to ARKA data, the overall volume of time deposits of individuals and private entrepreneurs totaled late last year 339.7 billion Drams, of which 91.5 billion Drams were call deposits. At that the total liabilities of the banks reached 1.059.3 trillion Drams. There are 22 commercial banks in Armenia with branches. ($1 – 392.62 Drams). -0-

spot_img

POPULAR

Armenian commercial banks paid 28.65 billion drams in various taxes in Q1

All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (April 20-26) 

The week in Armenia's financial market was marked by the publication of financial indicators for the banking sector, updated macroeconomic indicators, and signals regarding capital market development.

ARKA news agency launches special project about its products and services to celebrate its 30th anniversary

To celebrate its 30th anniversary, ARKA News Agency has launched a new special project dedicated to its products and services.

Euro, USD and ruble drop  against Armenian dram

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 28, 2026, decreased by 0.16 points compared to April 27, to 371.4 drams.

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

LATEST NEWS

spot_imgspot_imgspot_img