August deposit interest rates slash 0.3 p.p. to 8.7% in Armenia

YEREVAN, October 4. /ARKA/. Deposit average interest rates in Armenia slashed by 0.3 p.p. to 8.7% in August from July, according to the information published on Central Bank’s official website.

The source shows that the AMD short-term deposit average interest rate slipped by 0.2 p.p. to 9.9%, and the foreign deposit rate dropped by 0.2 p.p. to 5.7% in August from a month earlier.
At the same time, the AMD long-term deposit average rate fell by 0.7 p.p. to 10.95%, the foreign deposit rate – by 0.2 p.p. to 8%. ($1- 407.98 drams). —0–

spot_img

POPULAR

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

Tokenization among the priorities of the Central Bank of Armenia’s digital asset strategy

Martin Galstyan, Governor of the Central Bank of Armenia, responded to a question from the ARKA news agency about whether the regulator is considering drafting a law on tokenization.

Armenia to Raise OSAGO Payout Limits on April 1 – Reason Given

In Armenia, maximum payout limits for compulsory motor third-party liability insurance (OSAGO) will increase on April 1, 2026.

Trend of declining public debt-to-GDP ratio in Armenia will continue – Ministry of Finance

Armenia intends to continue reducing its public debt-to-GDP ratio, stated Deputy Finance Minister Avag Avanesyan.

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

LATEST NEWS

spot_imgspot_imgspot_img