Average interest rate on deposits in Armenia’s banks rises 0.3 percentage points to 8.4%

YEREVAN, January 18. /ARKA/. Average interest rate on deposits in Armenia’s banks rose 0.3 percentage points in November, compared with October, to 8.4%, the Central Bank of Armenia says in its monthly report.
 
Average interest rate on short-term deposits in drams went 0.45 points up in November, compared with October, to 9.5%, while that of short-term deposits in foreign currencies went 0.75 points down to 5.75%.
 
The average interest rate on long-term dram deposits rose 0.15 points to 10.45% and on deposits in foreign currencies 1.15 points to 7.8%. ($1- AMD 388.82).–0–
spot_img

POPULAR

Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Average exchange rate of the Armenian dram to the US dollar in July was 366.8 drams, compared to 384.1 drams a year earlier

In July 2026, the average exchange rate of the Armenian dram to the US dollar in Armenia was 366.8 drams (in July 2025, the exchange rate was 384.1 drams).

Idram and IDBank Support Startups at Seaside Startup Summit

Thousands of ideas and numerous participants - all in one place.

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 27–31)

Armenia's financial agenda last week was determined by banking sector data, rating decisions, inflation and public debt forecasts, exchange rate dynamics, personnel changes at Byblos Bank Armenia, and expert assessments of the possible impact of restrictions on goods supplies to Russia.

LATEST NEWS

spot_imgspot_imgspot_img