Deposits to Armenian commercial banks climb 2.2% to AMD 1056 bln in May

YEREVAN, July 3. /ARKA/. The volume of deposits to Armenian commercial banks increased by 2.2% to 1 056 billion drams in May from April of this year, according to the data published on Armenian Central Bank’s official website.
Deposits in drams rose by 0.6% to nearly 313.9 billion drams within the reported period, according to the source.

Deposits in foreign currency advanced by 5.7% to about 518.3 billion drams as of late May.
At the same time residents’ deposits make up 78.8% of the total deposits in drams ( over 832.1 billion drams), up by 1.2 p.p. from April.
As of May 31 of 2012 there are 21 commercial banks in Armenia. ($1 – 418.34 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.  

ARKA news agency launches special project about its products and services to celebrate its 30th anniversary

To celebrate its 30th anniversary, ARKA News Agency has launched a new special project dedicated to its products and services.

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.

Natalija Novta will become new IMF Resident Representative in Armenia

Natalija Novta will become the new IMF Representative in Armenia in August, replacing Umang Ravat.

Euro, dollar, and ruble fall against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 30, 2026, decreased by 0.41 points compared to April 29, to 370.78 drams.

LATEST NEWS

spot_imgspot_imgspot_img