Tue, 25 November
11.1 C
Yerevan
USD: 381.31 RUB: 4.82 EUR: 439.96 GEL: 140.98 GBP: 500.55

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–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

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.

US dollar and ruble exchange rates rise against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market on November 18, 2025, increased by 0.29 points compared to November 17, reaching 382.01 drams.

LATEST NEWS

spot_imgspot_imgspot_img