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

Armbanks Weekly Digest: key events of the financial market of Armenia (November 2–8)

Armenia's financial agenda last week focused on tightening monetary policy, regulating bank liquidity and discussing public debt parameters.

Euro fell against the Armenian dram, while the dollar and ruble rose: 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 0.28 points on November 5, 2026, compared to November 4, to 360.4 drams.

Business loan pre-approval in five minutes — what did Unibank showcase in Gyumri?

Unibank showcased its financing and card payment solutions for small and medium-sized enterprises at the “Banks and Business in Gyumri” expo, organised at the initiative of the Union of Banks of Armenia.

25 years ago, three friends founded company PROFAL

25 years ago, three friends decided to establish the company PROFAL, which today stands as a leader in the production of aluminum doors, windows, and glass structures.

Ranking of the most profitable credit institutions in Armenia for the first 9 months of 2026

The ARKA news agency has published a ranking of Armenia’s most profitable credit organizations for the period from January to September 2026.

LATEST NEWS

spot_imgspot_imgspot_img