Tue, 21 October
15.1 C
Yerevan
USD: 382.53 RUB: 4.71 EUR: 444.42 GEL: 141.18 GBP: 511.94

Average interest rate on deposits slips 0.3 points to 8.5% in November 2012

YEREVAN, January 16. /ARKA/. Average interest rate on deposits slid 0.3 percentage points in November 2012, compared with the previous month, to 8.5%.

According to the information posted on the central bank’s website, the 9.9% average interest rate on short-term deposits in Armenian drams remained unchanged in November, while that of deposits in foreign currencies went 1.35 points down to 5.25%.

Average interest rate on long-term dram deposits rose 0.25 points to 11.05% and interest rate on long-term deposits in foreign currencies went 0.05 points up to 8.15%.

Twenty one commercial banks operated in Armenia in late November 2012. ($1 – AMD 407.58). -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.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

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.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

LATEST NEWS

spot_imgspot_imgspot_img