Fri, 26 December
-1.9 C
Yerevan
USD: 381.51 RUB: 4.89 EUR: 450.03 GEL: 141.56 GBP: 515.61

Deposits in Armenian banks climb by 1.9% to AMD 1. 033.2 trln in April

YEREVAN, June 1. /ARKA/. Deposits in Armenian commercial banks advance  by 1.9 % in late April to nearly 1. 033.2 trillion drams from March.

According to the information available on the Armenian Central Bank’s official website, deposits in drams totaled in nearly AMD 327.4   billion in April 2012 after slipping  0.2 %, compared with March, and deposits in foreign currencies rose by 2.9 % to nearly AMD 705.9 billion within the reported period.

Residents’ deposits dropped by 0.7 p.p. in April of this year from March  to over AMD 802.1 billion and accounted for 77.6% of aggregate dram deposits in Armenian banks.
As of April 30, 2012, there are 21 commercial banks in Armenia. ($1 – 405.74 drams). —0–

spot_img

POPULAR

Euro and dollar exchange rates against Armenian dram fall, while the ruble rises

The average market exchange rate for the US dollar to the Armenian dram on December 18, 2025, fell by 0.07 points compared to December 17, to 381.5 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img