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

Capital of Armenian Banks Reaches 2.32 Trillion Drams in January–September

As of September 30, 2026, the total capital of Armenian banks stood at 2.32 trillion drams.

Ardshinbank and Ameriabank Account for Over Half of Armenian Banks’ Profit in First 9 Months

Ardshinbank and Ameriabank generated 50.81% of the total profit of Armenian banks from January to September 2026, according to an operational bulletin from the ARKA news agency.

Armenia Seeks to Extend Cashback Program for Pensioners Through 2029

Armenia plans to extend a program offering a 20% cashback to pensioners on non-cash purchases made with bank cards until the end of 2029, according to the Ministry of Labor and Social Affairs of the Republic of Armenia.

Credit investments by Armenian banks exceeded 9 trillion drams in the first 9 months

As of September 30, 2026, credit investments by Armenian banks reached 9.01 trillion drams.

ACBA Bank issues bonds totaling 10 billion drams and $10 million

ACBA Bank is offering, via a public offering, two tranches of non-documentary coupon bonds, with a total volume of 10 billion drams and $10 million. The offering period runs through February 20, 2027.

LATEST NEWS

spot_imgspot_imgspot_img