Wed, 21 May
16.1 C
Yerevan
USD: 384.92 RUB: 4.77 EUR: 432.84 GEL: 140.53 GBP: 514.37
spot_img

Interest rates on deposits in January in Armenia reduced in average by 0.4 p.p, to 8.4%

YEREVAN, February 28. /ARKA/. Average interest rates on deposits in January in Armenia compared to the last month reduced by 0.4 p.p. reaching to 8.4%, says the site of CBA.

According to the data of CBA, average interest rates on short-term dram deposits in January was 10.15%, reduced in average by 1 p.p. compared to December.

Average rate of short-term foreign currency deposits was 5.45% registering decline in average by 0.65 p.p.

At the same time, average long-term dram deposits in the reporting period were 10.15 %, reduced by 0.7 p.p., and in foreign currency deposits – by 7.8%, reduced by 0.05 p.p. ($1- 388.67 drams). -0-

spot_img

POPULAR

Converse Bank and EBRD sign two loan facilities totaling US$ 8 million to support MSMEs and green projects

YEREVAN, May 15. /ARKA/. Converse Bank and the European...

US dollar exchange rate slightly down, those of euro and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on May 13, 2025, decreased by 0.78 points compared to May 12 and amounted to 388.08 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

EBRD’s investments in Armenia in 2024 reached record 400 million euros – Head of Finance Ministry

he European Bank for Reconstruction and Development's (EBRD) investments in Armenia in 2024 hit the record 400 million euros, Armenian Finance Minister Vahe Hovhannisyan said at a meeting with EBRD President Odile Renaud-Basso in London.

Another protest against banking fraud held in Yerevan

Another protest by citizens who suffered from banking fraud took place on Tuesday near the building of the Central Bank of Armenia in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img