Thu, 16 October
7.1 C
Yerevan
USD: 382.67 RUB: 4.84 EUR: 444.93 GEL: 141.23 GBP: 511.44

Armenian Bank Deposits In AMD Grow By 3.7% In June To 237.2 Billion

YEREVAN, August 16. / ARKA /. The amount of deposits in AMD in Armenian commercial banks grew to 237.2 billion at the end of June, having increased by 3.7 percent from the previous month, according to a statement posted on the official website of the Central Bank of Armenia.  According to the statement, 96.2% of the deposits in AMD belonged to residents.

According to the statement, 128.1 billion drams of 56.1% of all deposits in AMD were call deposits placed by residents. Their share grew by 4.3% in June from May. According to the report, time deposits accounted for 43.9% of resident deposits in AMD reaching at the end of June 100.2 billion drams, growing by 3% from May.

The volume of deposits in foreign currency also rose in June by 3.7% and reached at the end of June  about 548.5 billion drams. There are 21  commercial banks in Armenia. ($ 1 – 368.03 AMD). –0–

spot_img

POPULAR

Armenia’s Central Depository May Become Custodian of Crypto Assets – AMX CEO

The Armenia Securities Exchange (AMX) is considering the possibility of the Central Depository becoming a custodian of crypto assets, AMX CEO Hayk Yeganyan said in an interview with ARKA news agency.

Euro falls by 1.32 points against Armenian dram, as US ollar and ruble rise

The average market exchange rate for the US dollar against the Armenian dram as of October 8, 2025, rose 0.12 points compared to October 7, reaching 382.75 drams.

AMX is ready to work with exchange-traded funds investing in crypto assets

The Armenian Securities Exchange (AMX) isn't ruling out the launch of new instruments or services for working with digital assets, AMX CEO Hayk Yeganyan said in an interview with ARKA news agency.

Armenia is on the threshold of the crypto era: AMX CEO – about the problems, risks and future of the Armenian financial market

Despite positive dynamics and new issues, experts note that Armenia's capital market still faces a number of systemic challenges.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img