Sat, 1 February
-4.9 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img

Deposits at armenian banks grow 40.6% to AMD 1011.2 billion

YEREVAN, March 27./ARKA/. Deposits at Armenian banks totaled about AMD 1011.2 billion in late February 2012 after growing 40.6% since the same month a year before.
According to the information available on the central bank’s website, deposits in drams grew 43.4% over the period between Feb 2011 and the same month a year later to more than AMD 312.2 billion.
Deposits in foreign currencies grew 39.5% over twelve months reaching AMD 699 billion in late February 2012.
Residents’ deposits accounted for 77% of all deposits in drams (AMD 778.5 billion) in February 2012 after reducing by 6.8 percentage points, compared with the same month a year earlier.
Twenty one registered commercial banks operated in Armenia in late February 2012. ($1 – AMD 388.64). -0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Armenia’s 1.5% inflation in December is the highest since April – WB

Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Euro exchange rate plunges by 4.12 points to AMD 414.32

The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

LATEST NEWS

spot_imgspot_imgspot_img