Volume Of Dram Deposits In Banks Of Armenia Increased In October By 2.5% To 273.6 Billion Drams

YEREVAN, December 5. /ARKA/. Volume of dram deposits attracted by the commercial banks of Armenia were 273.6 billion drams at the end of October 2011 increased, compared to the previous month by 2.5%, states the site of Central Bank of Armenia.

The share of residents is about 96.2% of all the attracted drams deposits (263.1 billion drams).
According to the report, call deposits of the residents were 52.7% making 144.2 billion drams in the total volume of deposits. This indicator in October compared to September increased by 1.3%.

Time deposits of the residents were 43.5% of total volume of the attracted dram deposits making 118.9 billion drams. Increase of this indicator in October was 3.7%.

Volume of foreign currency deposits in the reporting period increased by 3% making about 628 billion drams at the end of October.

As of December 30, 2011, 21 commercial banks operate in Armenia. ($1 – 381.22 drams).–0–

spot_img

POPULAR

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.

Acba Leasing’s special offer: 5% down payment for purchasing an electric vehicle

Acba Leasing, the undisputed leader in the Armenian leasing market, is presenting a special offer on the purchase of electric vehicles at TOON EXPO 2026, together with its partner ROEL Automotive Group, according to the Acba Bank press service.

Mher Grigoryan considers ADB’s participation in key projects for Armenia important

Armenian Deputy Prime Minister Mher Grigoryan and Asian Development Bank (ADB) Regional Managing Director Leah Gutierrez discussed the implementation of joint programs.

Regular disclosure of information by issuers is one of key conditions for development of Armenian capital market – Ministry of Economy

Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: 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 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

LATEST NEWS

spot_imgspot_imgspot_img