Foreign currency household deposits totaled 429.3bln drams in Armenia late November

YEREVAN, January 17. /ARKA/. Foreign currency household deposits in Armenian banks in amounted to 429.3bln drams as of the end of November 2012, the central bank of Armenia reports. It is an increase of 2.1% against the amount at the end of the month before.

Household time deposits in foreign currency exceeded 361.8bln drams and constituted about 84.3% of the overall foreign currency household deposits as of the end of November 2012 (a 2.3% increase against the end of October).

Dram deposits of Armenian households were about 185.4bln drams in the reporting period, which is a 4.7% increase against the last year level.

Total deposits in commercial banks amounted to over 1,202.2bln drams as of the end of November 2012, an increase of 2.2%.

There were 21 commercial banks registered in Armenia as of the end of November 2012. ($1=406.52drams). –0–

spot_img

POPULAR

Cube Invest is the first investment company in Armenia to issue bonds worth 5 billion drams: Cube Invest’s CEO

Cube Invest has become the first investment company in Armenia to issue bonds on the local market, announced Cube Invest CEO Mikael Margaryan.

Cube Invest contributes to the development of Armenian investment market

At the initiative of leading investment company Cube Invest, the first-ever "INVESTMENT PERSPECTIVES 2026" conference was held, bringing together leading financial and banking experts, high-ranking representatives of government agencies and organizations, investors, and entrepreneurs.

Euro, dollar, and ruble exchange rates against the Armenian dram have increased: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.31 points on September 10, 2026, compared to September 9, to 363.89 drams.

Why Armenia’s capital market remains bank-driven: 5 insights from Landmark Capital’s CEO 

Gor Gevorgyan assesses Armenia's economy as growing, the country has significant private capital, and the infrastructure and legislative framework for market development as sufficient.

EBRD Bonds Worth 5 Billion AMD Listed on AMX

Bonds of the European Bank for Reconstruction and Development (EBRD) with a total nominal value of 5,000,000,000 AMD have been listed on the Armenia Securities Exchange (AMX), the AMX press service reported.

LATEST NEWS

spot_imgspot_imgspot_img