Percent rates of long-term deposits for legal entities increased and for physical entities reduced in March in Armenia

YEREVAN, May 19. /ARKA/. In March, average percent rates of long-term deposits (more than 1 year) for legal entities increased by 0.4 p.p. and for physical entities – reduced by 0.85 p.p., says the report of Armenian Central Bank “Summary of monetary-credit indicators for March 2011”.

According to the report, today the average percent rate of dram deposits increased by 0.6 p.p. and for currency deposits – by 0.2 p.p. making in average 10.8% and 7.6% respectively.

Average percent rate of dram credits for physical entities reduced by 0.9 p.p. and for currency deposits – 0.8 p.p. making in average 10.7% and 7.4% respectively. —0—

spot_img

POPULAR

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

Net inflow of remittances to Armenia from abroad increased approximately 2.3-fold in the first half of the year

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.

Capital of Armenian credit institutions increased by 2.82% in the first half of 2026 compared to the beginning of the year, exceeding 467 billion...

The total capital of Armenian credit institutions in the first half of 2026 amounted to 467.14 billion drams, an increase of 1.99% compared to the end of the first quarter and 2.82% compared to the beginning of the current year.

Ranking of the Most Profitable Credit Institutions in Armenia for the First Half of 2026

ARKA News Agency publishes a ranking of the most profitable credit institutions in Armenia for the first half of 2026.

It is now possible to register in Unibank’s mobile application through imID as well

Unibank continues to expand its digital service capabilities by offering customers another convenient option for registering in the UNIMobile application.

LATEST NEWS

spot_imgspot_imgspot_img