Mon, 24 February
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USD: 393.90 RUB: 4.48 EUR: 412.81 GEL: 139.68 GBP: 497.97
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Deposits to Armenia’s banks up 2.4% to AMD 1070 bln in June

YEREVAN, August 16. /ARKA/. Total deposits attracted by Armenia’s banks rose by 2.4 % to 1 070 billion drams in June from May , according to the data available on the Central Bank’s website.

Deposits in drams shrank by 1.3% to nearly 321.1 billion drams in June from May. Deposits in foreign currency climbed by 4.9% to around 538.3 billion drams. Residents’ deposits totaled in 95.3% (306.8 billion drams) of all deposits.

As of 30 June 2012 there are 21 commercial banks in Armenia. ($1 – 411.59 drams).—0–

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Central Bank of Armenia has no plans to tighten liquidity requirements for banks (EXCLUSIVE)

Armenia’s Central Bank is not planning to make changes to or revise its current regulatory framework designed for local commercial banks, the regulator’s press service said in  response to  ARKA News Agency's inquiry about whether it was planning to  toughen prudential requirements for banks, particularly, the liquidity ratio because of  the large inflow of non-resident funds

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro down 2.2 points to AMD 412.42

The average market exchange rate of the U.S. dollar to the Armenian dram on February 19, 2025, totaled 395.72 drams, down 0.51 points compared to February 18.

Euro exchange rate rises 0.4 points to AMD 412.82

The average market exchange rate of the U.S. dollar to the Armenian dram on February 20, 2025, stood at 395.31 drams, down 0.41 points compared to February 19.

Cashless payments in Armenia exceed cash payments – PM

Armenian Prime Minister Nikol Pashinyan said at a government meeting that cashless payments exceed cash payments this year.

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