Mon, 12 May
19.9 C
Yerevan
USD: 388.86 RUB: 4.80 EUR: 430.74 GEL: 141.89 GBP: 511.04
spot_img

Deposits in Armenian commercial banks total AMD 1 013.9 billion

YEREVAN, February 24. /ARKA/. Deposits in Armenian commercial banks grew 45.3% in January 2012, compared with the same month a year earlier, to more than AMD 1 013.9 billion.

According to the information available on the central bank’s official website, deposits in drams totaled AMD 303 billion in late January 2012 after growing 46.2%, compared with Jan 2011, and deposits in foreign currencies exceeded AMD 710.9 billion in late January 2012 – 44.9% year-on-year growth.

Residents’ deposits totaled AMD 769.6 billion (8.2% year-on-year growth) and accounted for 75.9% of aggregate dram deposits in Armenian banks.

Twenty one commercial banks operated in Armenia in late January 2012. ($1 – AMD 389.34). -0—

spot_img

POPULAR

US Dollar and Euro Exchange Rates Down Against Armenian Dram

As of May 2, 2025, the average market exchange rate for the U.S. dollar decreased by 0.53 points compared to April 30, landing at 389.41 drams.

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.

Net loan portfolio of Armenian banks in Q1 2025 increased by 32.4% to AMD 6.424 billion

The loan portfolio of the Armenian banking system, net of reserves, increased by 32.4% in the first quarter of 2025 compared to the same period last year, amounting to AMD 6.424 billion.

Market capitalization increased by 39% in April over the year, exceeding AMD 462 billion – Armenian Stock Exchange

Stock market capitalization increased by 39% in April over the year, exceeding AMD 462 billion, the press service of the Armenia Securities Exchange (AMX) reported.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

LATEST NEWS

spot_imgspot_imgspot_img