Fri, 28 November
11.1 C
Yerevan
USD: 381.07 RUB: 4.86 EUR: 441.47 GEL: 141.14 GBP: 503.97

Deposits to Armenia’s banks up 3.7% to over AMD 1165 bln late September

YEREVAN, October 30. /ARKA/. The volume of deposits to Armenia’s commercial banks totaled in over 1 165 billion drams as of late September, 3.7 percent up from August, according to the data published Tuesday on Armenian Central Bank’s website.

AMD deposits rose 4.4% to nearly 341.9 billion drams month over month, whereas foreign currency deposits climbed 3.4% to over 823.2 billion drams as of late September.

Residents’ deposits made up about 95.1% of the total AMD deposits (325.1 billion drams). This percent almost didn’t change from August.

As of 30 September 2012, there are 21 commercial banks in Armenia. ($1 – 405.73 drams).—0-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img