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

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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–

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