Tue, 24 February
8.1 C
Yerevan
USD: 377.84 RUB: 4.93 EUR: 445.25 GEL: 141.25 GBP: 509.74

The size of money supply in Armenia increased by 1.6% up to 1113.6 billion drams

YEREVAN, April 2. /ARKA/. The size of money supply in Armenia in February 2012 compared to January increased by 17.5 billion drams or 1.6% making by the end of February about 1113.6 billion drams.

Armenian National Statistic Service on the basis of preliminary data of the Central Bank of Armenia informed ARKA News Agency that cash amount out of banking system by the end of February was over 319.5 billion drams by the end of January, demand deposits (in AMD) were 154.7 billion drams vs. about 154.8 billion drams at the end of the last month.
The size of time deposits by the end of the reporting period was over 157.3 billion drams vs. about 145.7 billion drams by the end of January. The size of foreign currency deposits was over 482.2 billion drams vs. over 476.7 billion drams at the end of the last month.

The share of foreign currency deposits in money supply by the end of February was 43.3%.
Money multiplier by the end of February was 1.98, increased by 0.06 points compared to January. ($1 – 390.95 drams).—0—

spot_img

POPULAR

The credit and leasing portfolio of Armenian credit institutions in 2025 amounted to 659.7 billion drams

The total credit and leasing portfolio of Armenian credit institutions as of December 31, 2025, amounted to 659.7 billion drams, an increase of 13.96% compared to the same period in 2024.

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

In Armenia, more than 21,000 citizens have signed up for cashless pension and benefit payments — Ministry of Social Affairs

By February 19, 2026, 21,539 citizens in Armenia have voluntarily switched to cashless pension and benefit payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

S&P Global Ratings Improves Armenia’s Rating Outlook to Positive

On February 20, S&P Global Ratings revised its outlook on Armenia from stable to positive, affirming its long-term and short-term foreign and local currency sovereign credit ratings at 'BB-/B'.

Ranking of largest credit institutions in Armenia by asset volume in 2025

ARKA News Agency has published a ranking of Armenia's largest credit institutions by total assets for 2025.

LATEST NEWS

spot_imgspot_imgspot_img