Mon, 10 March
8.1 C
Yerevan
USD: 394.58 RUB: 4.45 EUR: 428.40 GEL: 142.19 GBP: 509.72
spot_img

Households’ deposits in foreign currencies in Armenia grow 2.5% to AMD 573.5 billion in May

YEREVAN, July 11. /ARKA/. Households’ deposits in foreign currencies in Armenia’s commercial banks totaled AMD 573.5 billion in late May 2014 – 2.5% month-on-month growth, the Central Bank of Armenia reports on its website.

Households’ time deposits totaled more than AMD 484.2 billion and made up 84.4% of their total foreign currency deposits in late May after growing 0.7% over the month.

Dram deposits of Armenia’s households grew 1.8% to AMD 272 billion.

The total amount of deposits in Armenia’s commercial banks was AMD 1 630.7 billion in late May 2014 – 1.7% month-on-month growth.

Twenty one commercial banks operated in Armenia in late may 2014. ($1 – AMD 407.52). —0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Armenia and Georgia agree to jointly fight financial crimes

Head of Armenia's State Revenue Committee Eduard Hakobyan met with Soso Ramishvili, Head of the Investigation Service of the Georgian Ministry of Finance, within the framework of his visit to Tbilisi.

Euro jumps 7.83 points to 421.78 drams

The average market exchange rate of the U.S. dollar to the Armenian dram on March 5, 2025, amounted to 394.3 drams, up 0.44 points compared to March 4.

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

LATEST NEWS

spot_imgspot_imgspot_img