Thu, 5 February
-2.9 C
Yerevan
USD: 378.26 RUB: 4.93 EUR: 446.88 GEL: 140.65 GBP: 518.67

The volume of deposits attracted by Armenian banks increased by 4.9% to 754.9 billion drams in March

YEREVAN, April 29. /ARKA/. In March, Armenian commercial banks attracted deposits in the amount of about 754.9 billion drams which is by 4.9% more than last month.

As noted in the report of the Central Bank of Armenia, deposits of residents in drams and foreign currency were 629.4 billion drams

(83.4% from total amount of attracted deposits) and deposits from non-residents were 125.4 billion drams – 16.6% from total deposits.

It is worth mentioning that residents in March made deposits by foreign currency.

Thus, by the end of March, deposits in foreign currency were 412.8 billion drams (65.6% of all attracted deposits of residents) which is more by 5.3% than the last month. In March, the residents invested (34.4% of all attracted deposits of residents) which is more by 3% than in February.
Non-residents made foreign currency deposits in the amount of 117.4 billion drams and 7.9 billion drams – in dram deposits. ($1 – 371.18 drams). –0–

spot_img

POPULAR

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

Armenia and EIB prioritize cooperation in economic development and private sector

Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.

Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.50%

At its meeting on February 3, the Board of the Central Bank of Armenia kept the refinancing rate at 6.50%.

LATEST NEWS

spot_imgspot_imgspot_img