Sun, 25 January
-3.9 C
Yerevan
USD: 379.07 RUB: 4.99 EUR: 444.84 GEL: 140.80 GBP: 512.73

Dram deposits in Armenia’s commercial banks shrink 0.6% to amd 256.5 billion in august

YEREVAN, September 28. /ARKA/. Dram deposits in Armenian commercial banks totaled AMD 256.5 billion in late August 2011, after shrinking by 0.6%, compared with the previous month.

According to the information available at Armenian central bank’s official site, residents’ deposits amounted to AMD 246.9 billion and made up 96.3% of the total amount of drams deposited in banks.

Residents’ demand deposits contracted by 3.9% in August, compared with July, and amounted to AMD 133.7 billion (52.1% of total amount of dram deposits), while their time deposits grew 3.5% to AMD 113.3 billion (44.2% of total amount).

Deposits in foreign currencies grew 11.3% to AMD 606.6 billion.

Some 21 commercial banks operated in Armenia in late August. ($1 = AMD 370.38).-0—

YEREVAN, September 28. /ARKA/. Dram deposits in Armenian commercial banks totaled AMD 256.5 billion in late August 2011, after shrinking by 0.6%, compared with the previous month.
According to the information available at Armenian central bank’s official site, residents’ deposits amounted to AMD 246.9 billion and made up 96.3% of the total amount of drams deposited in banks.
Residents’ demand deposits contracted by 3.9% in August, compared with July, and amounted to AMD 133.7 billion (52.1% of total amount of dram deposits), while their time deposits grew 3.5% to AMD 113.3 billion (44.2% of total amount).
Deposits in foreign currencies grew 11.3% to AMD 606.6 billion.
Some 21 commercial banks operated in Armenia in late August. ($1 = AMD 370.38).-0—
spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro, U.S. dollar, and Russian ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram as of January 19, 2026, fell by 1.1 points compared to January 16, to 378.89 drams.

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

Armenian banks maintain capital and liquidity buffers, dollarization declines – Fitch

Armenian banks maintain strong capital and liquidity buffers, and profitability remains high despite the normalization of extraordinary financial inflows from Russia, according to a report by the international rating agency Fitch Ratings.

LATEST NEWS

spot_imgspot_imgspot_img