Foreign currency household deposits 409.1 bln drams in Armenia by end August

YEREVAN, October 26. /ARKA/. Foreign currency household deposits in Armenian commercial banks totaled 409.1bln drams by the end of August 2012, the website of Armenia’s Central Bank reports.

According to the report, it is a 3.2 percent increase as compared with the month before.

Foreign currency time deposits by households were more than 341 bln drams by the end of August or about 83.3% of the overall foreign currency household deposits, a 4.3% increase compared to July.

Local currency household deposits were about 172.5bln drams in Armenia by the end of August, a 3.6% increase against the previous month.

Overall deposits in commercial banks were more than 1,123.3bln drams by August 31, which is a 4% increase against July.

Twenty-one commercial banks were registered in Armenia by the end of August 2012. ($1=405.25drams).–0—

spot_img

POPULAR

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.

Armenia approves €80 million loan agreement with OPEC Fund

At a meeting on Thursday, the Armenian government approved a draft loan agreement with the OPEC Fund for €80 million as part of the "Armenia Economic Transformation Program."

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.15 points on September 7, 2026, compared to September 4, to 363.7 drams.

IMF noted the low level of insurance coverage for natural disaster risks in Armenia

Insurance penetration in Armenia remains low, particularly in agriculture and property insurance, according to the International Monetary Fund's report "Armenia: Climate Policy Diagnostic - July 2026," published on September 3, 2026.

AMX held government bond placement and exchange auctions totaling approximately 38 billion drams

Yesterday, the Armenia Securities Exchange held a government bond placement auction totaling 35 billion drams and exchange auctions totaling over 2.9 billion drams.

LATEST NEWS

spot_imgspot_imgspot_img