Sat, 28 February
-0.9 C
Yerevan
USD: 377.00 RUB: 4.88 EUR: 444.78 GEL: 140.99 GBP: 507.97

Individual time deposits at Areximbank – Gazprombank Group grow to AMD 29.8 billion by late June

YEREVAN, September 18. /ARKA/. Individual time deposits at Areximbank – Gazprombank Group totaled AMD 29.8 billion in late June after growing by 5.3 billion since the beginning of this year, the bank’s press office reports.

Residents’ individual deposits at the bank grew by AMD 4 billion to AMD 23.4 billion.

The number of individuals’ time deposits grew by 430 to 4,297, of which 4,047 were residents’ time deposits (growth by 399).

Areximbank-Gazprombank Group (former Areximbank, renamed on June 12, 2009) was established in August 1998 for supporting entrepreneurship and serving financial flows between Russia and Armenia.
In 2007, it became a subsidiary of Russia’s biggest bank, Gazprombank.

The bank has been certified to meet the requirements of ISO 9001: 2008.

Areximbank-Gazprombank Group has 16 branches – nine in provinces and seven in the capital city. —0—

spot_img

POPULAR

Acba Bank places 10 billion dram-denominated bonds

Acba Bank has begun placing coupon-bearing book-entry bonds through a public offering for a total of 10,000,000,000 (ten billion) drams, the bank's press service reported.

How leaders build trust: ACBA Business Club

During the first ACBA Business Club of 2026, businessmen discussed the art of building trust and emotional management skills in the business environment.

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

S&P Global Ratings Improves Armenia’s Rating Outlook to Positive

On February 20, S&P Global Ratings revised its outlook on Armenia from stable to positive, affirming its long-term and short-term foreign and local currency sovereign credit ratings at 'BB-/B'.

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 20, 2026, fell by 0.12 points compared to February 19, to 376.82 drams.

LATEST NEWS

spot_imgspot_imgspot_img