Sat, 4 October
24.1 C
Yerevan
USD: 382.76 RUB: 4.67 EUR: 449.25 GEL: 140.62 GBP: 514.85

In April average interest rates on deposits in Armenian and foreign currencies drop

YEREVAN, June 3. / ARKA /. The average interest rate on deposits in Armenian national and foreign currencies repayable in more than 12 months dropped by 0.11 and 0.29 percentage points respectively in April from March to 17.07% and 12.34% respectively, the Central Bank of Armenia said in a statement posted on its official website.

The average interest rate on a loan issued in Armenian national currency, the dram, repayable in les than 12 months, dropped by 1.25% p.p. to 17.10% and the loan in foreign currencies grew by 0.06 p.p. to 11.72%.

According to the Central Bank, the highest interest rate on loans in drams repayable in 90-180 days was 22.01% and 14.8% for loans in foreign currency repayable in 15 days. -0-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img