Wed, 6 August
36.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Average interest rate on legal entities’ deposits in Armenia rises 0.6 percentage points in Dec 2011

YEREVAN, January 20. /ARKA/. Average interest rate on legal entities’ deposits in Armenia rose 0.6 percentage points up in December 2011, compared with November, to 8.3%.
According to the central bank’s report available on its official website, average interest rate on legal entities’ long-term deposits in drams went 0.4 points up to 9.8%, and interest rate on their short-term dram deposits climbed one point to 9.9%.
Average interest rate on legal entities’ in foreign currencies shed 0.2 points to 7.6% and interest rate on their short-term deposits in foreign currencies rose 1.1 points to 6%. ($1- AMD 387.67).-0—-

YEREVAN, January 20. /ARKA/. Average interest rate on legal entities’ deposits in Armenia rose 0.6 percentage points up in December 2011, compared with November, to 8.3%.

According to the central bank’s report available on its official website, average interest rate on legal entities’ long-term deposits in drams went 0.4 points up to 9.8%, and interest rate on their short-term dram deposits climbed one point to 9.9%.

Average interest rate on legal entities’ in foreign currencies shed 0.2 points to 7.6% and interest rate on their short-term deposits in foreign currencies rose 1.1 points to 6%. ($1- AMD 387.67).-0—-

spot_img

POPULAR

Armenia’s state budget had a deficit of 39.2 billion drams in the first half of the year, according to the Finance Ministry.

The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img