Armenia’s monetary stock shrinks 3.3% to AMD 1 493.9 billion in January 2014

YEREVAN, February 28. /ARKA/. Armenia’s monetary stock amounted to AMD 1 493.9 billion in late January 2014 after shrinking 3.3% since late December 2013, the National Statistical Service of Armenia reports referring to the central bank’s figures.

Cash outside of banks amounted to about AMD 338.4 billion in late January 2014 after contracting 11.9% over that month.

According to the report, demand deposits in drams totaled more than AMD 184.6 billion – 7.2% decline, and time deposits in drams totaled over AMD 270.2 billion – 2% growth. Deposits in foreign currencies grew 0.5% to about AMD 700.6 billion.

Money multiplier was 1.19 in late January 2014 against 1.74 in late December 2013.  ($1- AMD 412.93). —0—-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 13–19)

YEREVAN, July 20. /ARKA/. Key events of the past...

Converse Bank Named Armenia’s Best Digital Bank for Consumers by Euromoney

Converse Bank has been named Armenia’s Best Digital Bank for Consumers by the internationally renowned financial publication Euromoney

Armenian banks increased net profit to 219.7 billion drams in the first half of the year

The combined net profit (after tax) of Armenian banks in the first half of 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams in the same period of 2025, an increase of 9.48%.

Acba Bank to Support Armenian Exports

To support the development of local producers, promote Armenian exports to various countries worldwide, and enhance the competitiveness of Armenian businesses, Acba Bank is offering the best export factoring terms currently available in Armenia until September 30.

Yerevan’s budget revenues for January-June exceeded the target by 10.3%

As of June 30, 2026, Yerevan's budget revenues amounted to 49.2 billion drams, compared to the planned 44.6 billion drams for January-June, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

LATEST NEWS

spot_imgspot_imgspot_img