Deposits at Armenian commercial banks grew by 4.8% in 2011 December from November to 969.7 billion drams

YEREVAN, January 26. /ARKA/. The volume of deposits kept at commercial banks of Armenia as of December 2011 grew by 4.8% from November to a total of 969.7 billion drams, the Central Bank said.

It said also the figure represented a 38.1% rise from the beginning of 2011. The volume of deposits in Armenian dram in December 2011, compared with the previous month, increased by 8.6% amounting to about 308.1 billion drams. Deposits in foreign currency in December increased by 3.3% to 661.6 billion drams. ($1 – 387.74 AMD). ($1 – 387.74 drams). -0-

spot_img

POPULAR

Unibank and “Vanq” Charity Fund Support Wheelchair Basketball Exhibition Game in Yerevan

Paralympic gold medalists and U.S. Sports Envoys Rose Hollermann and Steve Serio visited Armenia to conduct a wheelchair basketball masterclass and an exhibition game. Unibank and the “Vanq” Charity Fund jointly sponsored the concluding event held in Yerevan, supporting an initiative that combined sport with a powerful message of determination, resilience, and overcoming barriers. 

VTB (Armenia) reports increased demand for agricultural lending products

VTB (Armenia) is reporting increased demand for its "Fast" loan product, designed for clients operating in the agricultural sector.

Armenia expects to reduce public debt to 45% of GDP within five years: Deputy Finance Minister

The Armenian government aims to bring the public debt-to-GDP ratio to 45%, approximately within five years, stated Deputy Finance Minister Avag Avanesyan.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 24, 2026, fell by 0.15 points compared to June 23, to 367.93 drams.

Byblos Bank Armenia stands with CaseKey for the fourth year running

CaseKey 2026 is launching with unprecedented interest and new opportunities and, for the fourth consecutive year, with the support of Byblos Bank Armenia.

LATEST NEWS

spot_imgspot_imgspot_img