Mon, 9 June
16.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

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

Armenia’s public debt increased by 6.2% at the end of 2024 – Finance Ministry

Armenia's public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.

Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Euro exchange rate increases by 0.87 points to 433.28 AMD

The average market exchange rate of the U.S. dollar to the Armenian dram on April 10, 2025, decreased by 0.7 points compared to April 9 and amounted to AMD 391.08.

Converse Bank Joins the Asian Development Bank’s Green Finance Commitment

Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”

LATEST NEWS

spot_imgspot_imgspot_img