Foreign currency household deposits 415.6 bln drams in Armenia by end-September

YEREVAN, November 7. /ARKA/. Foreign currency household deposits in Armenian commercial banks totaled in 415.6 bln drams by the end of September 2012, the website of Armenia’s Central Bank reports.

According to the report, it is a 1.6 percent increase as compared to the month before.

Foreign currency time deposits by households were over 345.8 bln drams by the end of September or about 83.2% of the overall foreign currency household deposits, a 1.43% increase compared to August.

Local currency (AMD) household deposits were about 172.8 bln drams in Armenia by the end of September, a 0.1% increase against the previous month.

Overall deposits in commercial banks were over 1165,1 drams, which is a 3.7% increase against August.

As of 30 September 2012 there are 21 commercial banks in Armenia. ($1 – 407.30 drams).—0–

spot_img

POPULAR

Ranking of Armenia’s Largest Credit Institutions by Asset Volume in Q1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total assets for the first quarter of 2026.

EDB assessed the reasons for rising inflation in Armenia and maintenance of refinancing rate

Inflation in Armenia accelerated in April amid rising prices for food and non-food products, according to the Eurasian Development Bank's weekly macro review.

The international chess tournament supported by IDBank has concluded

The Yerevan Spring ID Cup, organized with the support of IDBank, has successfully concluded.

Armenia Shows Significant Progress in Using More Complex Financial Instruments – EBRD

Armenia is demonstrating significant progress and growing readiness to use more complex financial instruments, said Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, in an interview with ARKA news agency.

FINTECH360 International Conference Held in Armenia

The international FINTECH360 conference took place in Yerevan, bringing together around 500 participants from more than 30 countries, including the United States, United Kingdom, France, Germany, Switzerland, Cyprus, Latvia, Luxembourg, Romania, UAE, India, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Uzbekistan, Georgia, and others.

LATEST NEWS

spot_imgspot_imgspot_img