Sat, 2 August
28.1 C
Yerevan
USD: 383.84 RUB: 4.70 EUR: 442.91 GEL: 141.90 GBP: 512.96

All deposits in Armenia’s banks valued at over AMD 1 364,7 bln in May, 2.4% up

YEREVAN, July 15./ARKA/. All deposits in Armenian commercial banks rose  in May  by 2.4% from April  to 1 364,7 billion drams, according to the Central Bank of Armenia.

Residents’ deposits valued at 1 016,9 billion drams (1.2% growth month over month), non-residents’ deposits- 330.4 billion drams (6.4% upturn).

The volume of AMD deposits of residents decreased  by 1.6% in May from April to about 370.6 billion drams.  Deposits in foreign currency increased by 2.8% to over 646.2 billion drams. As of May  2013, there are 21 commercial banks registered in Armenia. ($1 – 409.93 drams). —0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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

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

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.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img