Percent rates of long-term dram deposits increased in May and in foreign currency – reduced

YEREVAN, June 22. /ARKA/. Percent rates of long-term dram deposits (duration of over 1 years) for legal and physical entities increased in May compared with the last month – in average 1.25 p.p. and in foreign currency – reduced by  0.2 p.p., states the official site of CBA.

According to the report, average percent rate of dram deposits for legal entities increased by 2 p.p. and by foreign currency reduced by 0.1 p.p. making in average 9.7% and 6.1% respectively.

Average percent rate of dram deposits also increased by 0.5 p.p. and in foreign currency reduced by 0.3 p.p. making in average by 11.7% and 7.6% respectively. -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenian Financial Market (March 9–14) 

The past week in the Armenian financial market was marked by discussions of capital market development prospects at a specialized international conference, regulatory initiatives from the Central Bank, and changes to the insurance system.

Central Bank of Armenia presented data on sustainable development in the context of financial stability

The Central Bank of Armenia published its "Sustainability Report 2025," presenting approaches to sustainable development in the context of financial stability.

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.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 10, 2026, increased by 0.12 points compared to March 9, reaching 377.41 drams.

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