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

Cube Invest contributes to the development of Armenian investment market

At the initiative of leading investment company Cube Invest, the first-ever "INVESTMENT PERSPECTIVES 2026" conference was held, bringing together leading financial and banking experts, high-ranking representatives of government agencies and organizations, investors, and entrepreneurs.

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.06 points on September 8, 2026, compared to September 7, to 363.64 drams.

Armenian investment company assets have grown approximately sixfold since 2021, exceeding 400 billion drams: Dimension Investments CEO

Armenian investment company assets have grown approximately sixfold since 2021, from 67 billion drams to over 400 billion drams, said Grigor Harutyunyan, CEO of Dimension Investments.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar continued to decline: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.06 points on September 9, 2026, compared to September 8, to 363.58 drams.

Deposits in Armenian commercial banks at the end of July amounted to approximately 8.3 trillion drams

Deposits in commercial banks in Armenia at the end of July 2026 amounted to 8,289,634 million drams, compared to 8,070,715 million drams in June. This is according to data from the Statistical Committee of the Republic.

LATEST NEWS

spot_imgspot_imgspot_img