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

Economy

Armenia’s gross reserves rose to $5.5 billion in March, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased to $5.5 billion at the end of March, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."
Banks

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .
Economy

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (April 20-26) 

The week in Armenia's financial market was marked by the publication of financial indicators for the banking sector, updated macroeconomic indicators, and signals regarding capital market development.
Economy

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.
Exchange market

Euro and US dollar drop against Armenian dram, while ruble rises

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 20, 2026, decreased by 0.49 points compared to April 18, to 372.85 drams.

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