Tue, 3 March
0.1 C
Yerevan
USD: 376.88 RUB: 4.88 EUR: 442.38 GEL: 140.04 GBP: 505.17

Deposits in Armenian commercial banks drop 0.9% to AMD 1014,3 bln in March

YEREVAN, April 27. /ARKA/. Deposits in Armenian commercial banks slip by 0.9 % late in March to nearly 1 014,3 billion drams from earlier this year.

According to the information available on the Armenian Central Bank’s official website, deposits in drams totaled nearly AMD 328 billion in March 2012 after growing 6.2 %, compared with December 2011, and deposits in foreign currencies tumbled by 3.9 % to nearly AMD 686.3 billion within the reported period.

Residents’ deposits jumped by 3.9 p.p. in March of this year from December 2011 to AMD 795.1 billion and accounted for 78.4% of aggregate dram deposits in Armenian banks.

As of March 31, 2012, there are 21 commercial banks in Armenia. ($1 – 392.49 drams).—0–

spot_img

POPULAR

“Globbing” LLC’s bonds worth 1.5 billion drams and $2 million have been listed on Armenia Securities Exchange (AMX)

The Armenian Securities Exchange (AMX) today welcomed the entry of one of the leading online shopping companies, Globbing LLC (Global Shipping LLC), to the capital markets.

Investment portfolio of Armenian credit institutions in 2025 exceeded 103 billion drams

The total investment portfolio of Armenian credit institutions at the end of 2025 amounted to 103.4 billion drams, according to the consolidated financial report of the country's credit institutions.

Capital of credit institutions in Armenia increased by 10.8% in 2025, exceeding 453.8 billion drams

The total capital of Armenia's credit institutions at the end of 2025 amounted to 453.9 billion drams, an increase of 10.84% ​​compared to 2024, according to the consolidated financial report of the country's credit institutions.

Acba Bank Group Develops a Transparent Management System

Acba Bank Group continues large-scale reforms of its corporate governance culture to improve management efficiency, transparency, and accountability.

Armbanks Weekly Digest. Key events of the financial market of Armenia (February 23 – March 1)

Last week on the financial market of Armenia was quite active and included the publication of the international risk assessment of financial stability, the disclosure of annual indicators of credit organizations and the development of the debt segment on AMX.

LATEST NEWS

spot_imgspot_imgspot_img