Wed, 9 April
11.1 C
Yerevan
USD: 391.01 RUB: 4.56 EUR: 427.33 GEL: 141.93 GBP: 498.85
spot_img

Average interest rates on legal entities’ long-term deposits rise 0.8 percentage points in Armenia in March

YEREVAN, May 3. /ARKA/. Average interest rates on legal entities’ long-term deposits (longer than one year) rose 0.8 percentage points in Armenia in March, compared with February.

According to the information available on the central bank’s official website, interest rates on legal entities’ deposits in drams went 1.2 points up to 11%, and on those in foreign currencies rose 0.5% to 6.6%.

Individual depositors had their interests increased by 0.2 percentage points on both dram and foreign currency deposits to 12% and 8.1% respectively. ($1- AMD 391.87). -0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img