Mon, 8 September
26.1 C
Yerevan
USD: 382.77 RUB: 4.70 EUR: 447.46 GEL: 142.16 GBP: 515.90

Armenia’s interest rates on deposits slash 0.2 p.p. to 9% in July

YEREVAN, August 27. /ARKA/. An average interest rate on deposits in Armenia slashed 0.2 p.p. to 9% in July from a month earlier, according to the data published on Armenian Central Bank’s website.

An average interest rate on short-term dram deposits increased by 0.9 p.p. to 10.1% within the reported period.

At the same time, interest rates at which short-term deposits in foreign currency can be opened dropped by 0.9 p.p. to 5.9% within the reported period.

Average interest rates on long term dram deposits rose by 0.4 p.p. to 11.7%, and on deposits in foreign currency – shrank by 1.4 p.p. to 8.2%. ($1- 409.4 drams).—0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Freedom Broker Armenia ranks as one of the largest taxpayer in Armenia

Freedom Broker Armenia has been recognized as one of the largest taxpayers in the country, underscoring its leadership in the investment sector and commitment to sustainable business practices.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Armenia to receive 45.3 million euros from ADB to improve healthcare quality

Armenia will receive 45.3 million euros from the Asian Development Bank (ADB) to improve healthcare quality, said First Deputy Minister of Health of the Republic of Armenia Lena Nanushyan during a meeting of the parliamentary standing committee on financial, credit and budgetary issues.

LATEST NEWS

spot_imgspot_imgspot_img