Average interest rate on individual up-to-one-year deposits downs 0.95 points in July

Banks

YEREVAN, September 13. /ARKA/. Average interest rate on individual up-to-one-year deposits downed 0.95 percentage points in July 2011, compared with the previous month, the Central Bank of Armenia said in its monthly review.

Average interest rate on individual deposits in Armenian drams went 0.7 percentage points down to 9.7% and that on deposits in foreign currencies slipped 1.2 percentage points to 4.4%.

Average interest rate on legal entities’ deposits was lowered by 0.1 percentage points to 8.4%, while interest rate on deposits in foreign currencies went 2.5 percentage points down to 5.1%. -0-

spot_img

POPULAR

Exchange market

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

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 31, 2026, decreased by 0.38 points compared to March 30, to 377.16 drams.
Banks

Armenia’s National Assembly Committee Approves Martin Galstyan’s Candidacy for Central Bank Governor

At its meeting on Monday, Armenia's Parliamentary Committee on Financial, Credit, and Budgetary Affairs approved Martin Galstyan's candidacy for the position of Central Bank Governor, nominated by the ruling Civil Contract faction.
Capital market

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 30 – April 5)

From March 30 to April 5, the Armenian financial market focused on exchange rate dynamics, the publication of March inflation data, the meeting of the Central Bank's management with the IMF mission, discussions of the reverse mortgage mechanism, the agreement between the CDA and UzCSD, and issues of disclosure by issuers in the capital market.
Announces

How Idram and IDBank promote equal opportunities for women and men

Women’s Month is another opportunity to speak about the role of women in society and business, attitudes toward them, leadership, and equal opportunities for every member of society.
Announces

VTB (Armenia) has simplified car loan process in primary market

VTB (Armenia) has launched a simplified car loan program for the purchase of new cars at more than 50 car dealerships in the market.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Areximbank – Gazprombank Group offers golden standard deposit to clients
Next article
Inflation to be recorded at 5.5- 8.5% in Armenia in July-Dec 2011