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

Sona Ishkhanyan elected Chairperson of Acba Bank Board

Sona Ishkhanyan has been elected as Chair of the Acba Bank Board.  

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

A new law on payment services is being developed in Armenia – Deputy Governor of Central Bank

A new law on payment services is being developed in Armenia, taking into account modern trends in financial technology development, said Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan.

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

LATEST NEWS

spot_imgspot_imgspot_img