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Yerevan
USD: 393.35 RUB: 4.45 EUR: 409.08 GEL: 140.73 GBP: 495.31
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Deposits to Armenia’s banks up 0.9% to over AMD 1175 bln at end-October

YEREVAN, November 27. /ARKA/. Deposits to Armenia’s commercial banks totaled over 1175 billion drams at the end of October, which is 0.9% higher from September, according to the data published on the Central Bank’s official website.

AMD deposits in October rose 2.8% from a month earlier to nearly 351.5 billion drams. Foreign currency deposits climbed 0.1% to over 823.9 billion drams.

Residents’ deposits made up 94.7% of the total AMD deposits in October (332.7 billion drams), which is 0.4 p.p. lower from September.

As of 30 October 2012, there are 21 commercial banks in Armenia. ($1 – 406.3 drams).—0-

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Euro  down by 0.15 points to AMD 412.64

The average market exchange rate of the U.S. dollar to the Armenian dram on February 21, 2025, totaled AMD 394.41, down 0.9 points compared to February 20.

Euro down 2.2 points to AMD 412.42

The average market exchange rate of the U.S. dollar to the Armenian dram on February 19, 2025, totaled 395.72 drams, down 0.51 points compared to February 18.

Gap between loans and deposits in Armenian banks narrowed 6 times to AMD 89 bln in r 9 months – EFSD

Bank lending growth rates in Armenia exceeded the growth rates of deposits (21.1% and 10.8% y/y, respectively) by the end of September 2024,  contributing to the reduction of excess liquidity in the banking sector, the Eurasian Fund for Stabilization and Development (EFSD) regional economic review “Winter 2024-2025” says.

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Dollar exchange transactions at NASDAQ OMX Armenia last week total $51.18 million

Dollar/dram exchange transactions effected at NASDAQ OMX Armenia stock exchange between December 24 and 28 totaled $51.18 million, the press office of the Central Bank of Armenia reported today

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