Wed, 25 February
-0.9 C
Yerevan
USD: 377.84 RUB: 4.93 EUR: 445.25 GEL: 141.25 GBP: 509.74

Percent rates of long-term deposits of physical entities in Armenia reduced by 0.4 p.p. in june 2011

YEREVAN, August 11. /ARKA/. Average percent rate of long-term deposits (over 1 year) for physical entities in June 2011 reduced by 0.4 p.p. compared to May 2011 in Armenia, the report of CBA “Summarization of monetary-credit indicators for June 2011” states.

Average percent rate of dram deposits for physical entities reduced by 0.2 p.p. and in foreign currency – by 0.6 p.p. making in average 11.5% and 7% respectively.

Average percent rate of dram deposits for legal entities remained unchanged in June making 9.7% and in foreign currency – increased by 0.8 p.p. making in average 6.9%.  -0-

spot_img

POPULAR

S&P Global Ratings Improves Armenia’s Rating Outlook to Positive

On February 20, S&P Global Ratings revised its outlook on Armenia from stable to positive, affirming its long-term and short-term foreign and local currency sovereign credit ratings at 'BB-/B'.

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

S&P assesses risks to Armenia’s financial stability as contained

International rating agency S&P Global Ratings assesses risks to Armenia's financial stability as contained.

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

Armenia is discussing the possibility of providing loans to taxi drivers with transparent incomes

Minister of Economy Gevorg Papoyan announced that he has initiated discussions on providing loans to taxi drivers with transparent incomes.

LATEST NEWS

spot_imgspot_imgspot_img