Fixed-term deposits of individuals and businesses in Armenia in the third quarter increased by 24.8%

YEREVAN, November 15. /ARKA/. Volume of fixed-term deposits attracted from individuals and private entrepreneurs of Armenia, in the third quarter of 2011 increased by 24.8% compared to the beginning of the year, making 378.5 billion drams as of September 30.

According to financial progress reports of the banks for the third quarter of 2011, the leader by the given indicator is Unibank, the share of which is 12.7% in the volume of fixed-term deposits (about 48.1 billion drams) attracted by the banks from individuals and private entrepreneurs. In total liabilities of Unibank the weighted average of the given indicator is 53.01%.

In the group of five are included also Armbusinessbank (about 36.7 billion drams), Ardshininvestbank (over 36.1 billion drams), AGBA CREDIT AGRICOLE BANK (about 34.8 billion drams) and HSBC Bank Armenia (about 34.8 billion drams).

According to the data of ARKA News Agency, total volume of deposits of physical and legal entities in the Armenian banks as of September 30, 2011 was about 853 billion drams, of which over 116 billion drams were demand deposits of physical and legal entities. Total liabilities of banking system of Armenia in the same period were about 1528.2 billion drams.

As of September 30, 2011 in Armenia 21 banks were functioning. ($1 – 384.45 drams). -0-

spot_img

POPULAR

Armenian police warn of new phishing scheme purporting to be a bank

The Armenian Ministry of Internal Affairs' cyber police have warned of a fraudulent advertisement actively spreading on social media, purporting to be a joint offer from AMIO Bank and Yandex Eats.

Central Bank: Armenia’s current public debt level is not a cause for concern

The current level of Armenia's public debt is not a cause for concern, stated Deputy Governor of the Central Bank of Armenia Hovhannes Khachatryan.

Results of the latest Junius stage summarized: a new stage lies ahead (VIDEO)

Precise mathematical calculations, financial skills, and boundless enthusiasm: the latest stage of the Junius financial tournament has successfully concluded.

Net profit of Armenian credit institutions in the first half of 2026 decreased by 1.5 times to 21 billion drams

The total net profit (after tax) of Armenian credit institutions in the first half of 2026 amounted to 21.02 billion drams, compared to 30.73 billion drams in the first half of 2025 (a decline of 1.46 times, or 31.6%).

Euro ups against Armenian dram, as  US dollar and Russian ruble fall

YEREVAN, August 10. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market, fell by 0.29 points on August 10, 2026, compared to August 7, to 365.88 drams.

LATEST NEWS

spot_imgspot_imgspot_img